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Statement of Retained Earnings Jackson, Inc. has been in business for many years. Retained earnings on January 1, 2017, is $220,800. The following information is

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Statement of Retained Earnings Jackson, Inc. has been in business for many years. Retained earnings on January 1, 2017, is $220,800. The following information is available for the first two months of 2017: January February Revenues Expenses Dividends paid $83,000 89,000 $96,000 82,000 5,000 Required: Prepare a statement of retained earnings for the month ended February 28, 2017 Jackson, Inc. Statement of Retained Earnings For the Month Ended February 28, 2017

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