The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $115,300 and the retained earnings were $70,000 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $25,600 in stock. Accounts Amount Accounts Amount Accounts payable $2,000 Miscellaneous expense $1,050 Accounts receivable 10,340 Office expense 1,260 Cash 21,420 Supplies 1,670 Fees earned 74,330 Wages expense 23,370 Land 47,000 Dividends 16,500 Building 157,630 Required: Prepare a statement of retained earnings for the current year ended March 31. Be sure to complete the statement heading. Refer to the lists of Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. If a net loss is incurred or there is a decrease in owner's equity, enter that amount as a negative number using a minus sign. Labels Expenses For the Year Ended March 31 March 31 Amount Descriptions Change in retained earnings Common stock Dividends Net income for the year Net income Net loss for the year Net loss Retained earnings Retained earnings, April 1 Retained earnings, March 31 Total expenses Total assets Total liabilities and stockholders' equity Prepare a statement of retained earnings for the current year ended March 31. Be sure to complete the statement heading. Refer to the lists of Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. If a net loss is incurred or there is a decrease in owner's equity, enter that amount as a negative number using a minus sign. Thompson's Computer Services Retained Earnings Statement (Label) 1 2 3 4 5