The following account balances were included in the trial balance of Swifty Corporation at June 30,2020. The Retained Earnings account had a balance of $361,900 at July 1, 2019. There are 78,560 shares of common stock outstanding. Using the multiple-step form, prepare an income statement for the year ended June 30, 2020. (Round earnings per share to 2 decimal places, e.g. 1.48.) Selling Expenses Salaries and Wages Expense $350 Telephone and Internet Expense 9100 Maintenance and Repairs Expense 5707 Miscellaneous Selling Expenses 4898 Bad Debt Expense 4393 Total Selling Expenses 257137 Administrative Expenses Supplies Expense 3373 Telephone and Internet Expense 2560 Supplies Expense Telephone and Internet Expense 2560 Depreciation Expense 6648 Maintenance and Repairs Expense 9659 Office Expenses 5460 Total Administrative Expenses 34991292128 Income from Operations Other Expenses and Losses Interest Expense (19510) Income Before Income Tax Net Income / (Loss) $222969 Prepare a retained earnings statement for the year ended June 30, 2020. (List items that increase adjusted retained earnings first.) SWIFTY CORPORATION Retained Earnings Statement $