The following information was reported in the December 31 financial statements of National Airways, Incorporated (listed alphabetically, amounts in millions). Accounts Payable 34,345 Accounts Receivable 650 Aircraft Fuel Expense 9.400 Cash 3,040 Common Stock 1,255 Dividends 30 Equipment 15,210 Income Tax Expense 260 Interest Expense 200 Landing Fees Expense 3,800 Notes Payable 6,985 Repairs and Maintenance Expense 1,900 Retained Earnings (as of December 31) 7,030 Salaries and Wages Expense 3,385 715 Supplies Ticket Revenues 20,600 2. Prepare a statement of retained earnings for the year ended December 31 TIP Assume the balance in Retained Earnings was $5,405 (million) at January 1. (Enter your answers in millions (i... 10,000,000 should be entered as 10.) NATIONAL AIRWAYS Incorporated Statement of Retained Earnings (Amountain millions Retained Earnings January 1 $ 5,405 Retained Earnings, December 31