Retained earnings statement Instructions Instructions X Blake Knudson owns and operates Grab Bag Delivery Services. On January 1, 2018. Retained Earnings had a balance of $918,000 During the year, no additional common stock was issued, and $15,000 of dividends were paid. For the year ended December 31, 2018, Grab Bag Delivery reported a net loss of $43,500. Prepare a retained earnings statement for the year ended December 31, 2018. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement Labels and Amount Descriptions X Bla Re Labels sto December 31, 2018 31 For the Year Ended December 31, 2018 For the Year Ended January 1, 2018 PN a January 1, 2018 los SII mi bing Amount Descriptions Additional investment during 2018 Change in retained earnings the nen Dividends Retained earnings, January 1, 2018 Retained earnings, December 31, 2018 Net income Net loss tructions Labels and Amount Descriptions Retained Earnings Statement actions Labels and Amount Descriptions Retained Earnings Statement Prepare a retained earnings statement for the year ended December 31, 2018. If a net loss is incurred or dividends were paid entert amount as a negative number using a minus sign. Refer to the Nst of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement Grab Bag Delivery Services Retained Earnings Statement (Label) 1 2 5