The Southwest Hotel issues a full set of financial statements annually to its stockholders. Buzz Barr, the chief accountant, has provided you with the following information: Retained earnings account balance: $150,000 December 31, 20XI December 31, 20X2 $200,000 Sale of capital stock: 20X2 20X3 Dividends declared: 20X2 20X3 $10,000 $15,000 $20,000 $30,000 Operating results: $70,000 $10,000 20X2 net income 20X3 net loss Required: Using the information provided, prepare statements of retained earnings for 20X2 and 20X3. (Be aware of unnecessary information AND number)