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Statement of Retained Earnings King Enterprises has been in business for many years. Retained earnings on January 1, 2017, is $249,800. The following information is

Statement of Retained Earnings King Enterprises has been in business for many years. Retained earnings on January 1, 2017, is $249,800. The following information is available for the first two months of 2017: February $96,000 82,000 5,000 Revenues Expenses Dividends paid Required: January $83,000 89,000 0 Prepare a statement of retained earnings for the month ended February 28, 2017. King Enterprises Statement of Retained Earnings For the Month Ended February 28, 2017
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