supply outlets for spa equipment, $4,860; notes payable to a paid to the stockholders during the year. Nicole also forecast: $34,000; the cost of supplies used up will be $17,000; office epsilon 2. Prepare a (forecasted) statement of retained earnings for Nicole's NICOLE'S GETAWAY SPA Statement of Retained Earnings (forecasted) Retained Earnings, January 1,2021 Add: Net Income Less: Dividends Retained Earnings, December 31,2021