the following intematon applies to the questions displayed below] The following information for the year ended December 31, 2021, was reported by Nice Bite, Incorporated Accounts Payable Accounts Receivable Canh (balance on January 1, 2021) Cash (balance on December 31, 2021) Common Stock Dividends Equipment Income Tax Expense Interest Expense Inventory Notes Payable office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Service Revenue Utilities Expense Salaries and Wages Payable $ 50.000 27,800 108,400 94.000 157,500 0 141,700 10,600 30,000 17,700 28,800 14,800 7,500 8,800 36,200 147,800 25,600 13,000 Other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 26,000 29,300 11,500 57,400 89,200 147,000 Cash paid to suppliers Cash received from customers 2. Prepare a statement of retained earnings for 2021. NICE BITE, Incorporated Statement of Retained Earnings For the Year Ended December 31, 2021 Retained Earnings, January 1, 2021 Retained Earnings, December 31, 2021 147,000