Sanyu Sony started a new business and completed these transactions during December. Dec. 1 Sanyu Sony transferred $69,600 cash from a personal savings account to a checking account in the name of Sony Electrie in exchange for its common stock. 2. The company rented office space and paid $1,700 cash for the December rent. 3 The company purchased $14,900 of electrical equipment by paying $6.700 cash and agreeing to pay the 58,200 balance in 30 days. 5 The company purchased office supplies by paying $700 cash. The company completed electrical work and immediately collected $2,000 cash for these services. & The company purchased $2,810 of office equipment on credit. 15 The company completed electrical work on credit in the amount of $4,600. 18 The company purchased $460 of office supplies on credit. 20 The company paid $2,810 cash for the office equipment purchased on December 8. 24. The company billed a client $900 for electrical work completed the balance is due in 30 days. 28 The company received $4,600 cash for the work completed on December 25. 29 The company paid the assistant's salary of $2.000 cash for this month. 30 The company paid $520 cash for this month's utility bill. 31 The company paid $980 cash in dividends to the owner (nole whareholder) 2.2. Prepare a statement of retained earnings for the current month. SONY ELECTRIC Statement of Retained Earnings For Month Ended December 31 Retained earnings, December 1 $ 0 0 0 Retained earnings, December 31 $