Score: 0 of 1 pt 9of19 (9 complete) HW Score: 42.11%, 8 of 19 S1-13 (book/static) Decorating Arrangements has just completed operations for the year ended December 31, 2016. This is the third year of operations for the company. The following data have been assembled for the business EEB (Click the icon to view the assembled data of Decorating Arrangements)(Click the loon to view the income statement) Prepare the statement of retained earnings of Decorating Arrangements for the year ended December 31, 2016 Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (Use a minus sign or parentheses to show a decrease in retained earmings Decorating Arrangements Statement of Retained Earnings Year Ended December 31, 2016 Retained Earmings, January 1, 2016 29 Net income for the year Retained Eanings, December 31, 2016