The following items and amounts were taken from L. Lumberjack Inc's 20XX Financial Statements B. Cash 4 Retained Earnings 5 Cost of Goods Sold 6 Salaries and Wages Expense 7 Prepaid Insurance 8 Inventory 9 Dividends 10 Common Stock 11 15 234in 12 13 14 16 17 18 19 88 44 $90,800 Accounts Receivable 124,300 Sales Revenue 436,400 Notes Payable 118,600 Accounts Payable 8,100 Service Revenue 65,000 Interest Expense 5,000 Dividends Payable 29,470 $91,000 590,200 6,500 56,400 4,900 1,870 5,000 Prepare a statement of retained earnings for L. Lumberjack Inc for the year ended December 31, 20XX. NOTE: Use Net Income/Net Loss from Q3 to complete this F/S L. Lumberjack Inc. 21 23 24 25 26 6 7 8 27 28 22222222