Swifty Company ended its fiscal year on July 31, 2022. The company's adjusted trial balance as of the end of its fiscal year is shown as follows. No. Credit 101 Debit $10,700 9,400 16,000 112 157 158 201 Swifty Company Adjusted Trial Balance July 31, 2022 Account Titles Cash Accounts Receivable Equipment Accumulated Depreciation-Equip. Accounts Payable Unearned Rent Revenue Common Stock Retained Earnings Dividends Service Revenue Rent Revenue Depreciation Expense Salaries and Wages Expense Utilities Expense 208 $7,200 4,050 2,200 20,170 29,380 311 320 332 16,500 400 429 64,000 7,000 711 726 9,500 56,600 15,300 $134,000 732 $134,000 Prepare a retained earnings statement for the year. Swifty Company Retained Earnings Statement For the Year Ended July 31, 2022 Retained Earnings, August 1, 2021 $ 27200 Less Net Income /(Loss) $ ta - 10400 Less V Dividends 15500 26700 Retained Earnings, July 31, 2022 $ 500