Stone Culture Corporation was organized on January 1, 2020. For its first two years of operations, it reported the following: Net Income for 2020 Net Income for 2021 Dividends for 2020 Dividends for 2021 Total assets at the end of 2020 Total assets at the end of 2021 $ 44,000 49,000 17,000 24,000 129,000 246,000 Required: On the basis of the data given, prepare a statement of retained earnings for both 2020 (its first year of operations) and 2021.