The revenues and expenses of Paradise Travel Service for the year ended May 31, 2018, follow:

Accounts
Fees earned	$795,500
Office expense	295,100
Miscellaneous expense	10,100
Wages expense	450,800

Everett McCauley invested an additional $38,200 in the business in exchange for common stock, and $19,000 of dividends were paid during the year. Retained earnings as of June 1, 2017, was $355,000. Create a retained earnings statement