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The following information was reported in the December 31, 2017, financial statements of National Airways, Inc. (listed alphabetically, amounts in millions). $ 4,345 650 9,4ee

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The following information was reported in the December 31, 2017, financial statements of National Airways, Inc. (listed alphabetically, amounts in millions). $ 4,345 650 9,4ee 3,040 1,255 3e 15.210 Accounts Payable Accounts Receivable Aircraft Fuel Expense Cash Common Stock Dividends Equipment Income Tax Expense Interest Expense Landing Fees Expense Notes Payable Repairs and Maintenance Expenses Retained Earnings (as of December 31, 2017) Salaries and Wages Expense Supplies Ticket Revenues 200 20e 3.800 6,935 1,902 7,030 335 215 2008 2. Prepare a statement of retained earnings for the year ended December 31, 2017 TIP Assume the balance in Retained Earnings WOS 55.405 milion) at January 1, 2017 (Enter your answers in millions (.e., 10.000.000 should be entered as 10.).) 2. Prepare a statement of retained earnings for the year ended December 31, 2017 TIP Assume the balance in Retained Earnings was $5,405 (million) at January 1, 2017 (Enter your answers in millions (ie., 10,000,000 should be entered as 10..) NATIONAL AIRWAYS, INC. Statement of Retained Earnings Amounts in millions) Retained Earnings, January 1, 2017 Retained Earings. December 31, 2017 3. Prepare a balance sheet at December 31, 2017. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10. NATIONAL AIRWAYS, INC. Balance Sheet (Amounts in millions)

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