The account balances and income statement of willed Towing Service at june 30, 2016, follow. (click the icon to view the account balances.) (click the icon to view the income statement for the month ended June 30, 2016.) Requirement 1.Prepare the statement of retained ending for Willard Towing service for the month ending June 30, 2016. What does the statement of retained earnings report? Prepare the statement of retained earnings for willed Towing Service for the month ending June 30, 2016. (Use a miens or parentheses to show a decease in retained easing) Requirement 2. What does the statement of retained easing report? The statement of retained earnings reports The account balances and income statement of willed Towing Service at june 30, 2016, follow. (click the icon to view the account balances.) (click the icon to view the income statement for the month ended June 30, 2016.) Requirement 1.Prepare the statement of retained ending for Willard Towing service for the month ending June 30, 2016. What does the statement of retained earnings report? Prepare the statement of retained earnings for willed Towing Service for the month ending June 30, 2016. (Use a miens or parentheses to show a decease in retained easing) Requirement 2. What does the statement of retained easing report? The statement of retained earnings reports