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Retained Earnings Statement Dittman Expositions has the following data available: Dividends, 2019 $7,650 Dividends, 2020 9,910 Expenses, 2019 397,000 Expenses, 2020 412,600 Retained earnings, 12/31/2018

Retained Earnings Statement

Dittman Expositions has the following data available:

Dividends, 2019 $7,650
Dividends, 2020 9,910
Expenses, 2019 397,000
Expenses, 2020 412,600
Retained earnings, 12/31/2018 17,400
Revenues, 2019 419,600
Revenues, 2020 442,400

Required:

Prepare retained earnings statements for 2019 and 2020.

Dittman Expositions
Retained Earnings Statement
For the Years Ended December 31, 2019 and December 31, 2020
2019 2020
Retained earnings, beginning of year $fill in the blank 2 $fill in the blank 3
Add: Net income fill in the blank 5 fill in the blank 6
Less: Dividends fill in the blank 8 fill in the blank 9
Retained earnings, end of year $fill in the blank 11 $fill in the blank 12

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