The account balances and income statement of Willard Towing Service at June 30, 2018, follow: Click the icon to view the account balances.) (Click the icon to view the income statement for the month.) Requirements 1. Prepare the statement of retained earnings for Willard Towing Service for the month ending June 30, 2018. 2. What does the statement of retained earnings report? Requirement 1. Prepare the statement of retained earnings for Willard Towing Service for the month ending June 30, 2018 Retained Earnings, June 1. 2018 he Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All Search Windows 0 Vow the income statement for the month.) 0 Data Table Will repo ear 13,500 Equipment Office Supplies Notes Payable Ront Expense Cash Dividends 26,750 500 6,000 750 2,500 1,000 Service Revenue Accounts Receivable Accounts Payable Retained Earnings, June 1, 2018 Salaries Expense Common Stock 8,200 12,000 4,000 1,800 8,000 Print Done he input fields and then click Check Answer Activate Towing Service for the month ending June 30, 2018 Reference - X s for Willard Towing Service Income Statement Month Ended June 30, 2018 Revenues Service Revenue Expenses Salaries Expense Rent Expense Total Expenses $ 13,500 t fields 1.800 750 2.550 Net Income 10,950 Active Print Done g C F4 F5 F6 F FB FS F10 F11 FA2 LA % A 4 5 6 07 7 00 9 R T Y U