The statement of retained earnings of Gary Larson Publishers is presented below GARY LARSON PUBLISHERS Statement of Retained Earnings For the Year Ended December 31, 2018 (s in millions) Retained earnings, January 1 Add: Net income Deduct: Cash dividend $220 82 Stock dividend (1 million shares of $1 par common stock) Property dividend (Garfield Company preferred stock held as a short-term investment) sale of treasury stock (cost $54 million) Retained earnings, December 31 $246 Required: For the transactions that affected Larson's retained earnings, reconstruct the journal entries for the trans earnings and that can be used to determine cash flows to be reported in a statement of cash flows. (If n transaction/event, select "No journal entry required" in the first account field. Enter your answers in should be entered as 10).) View transaction list Journal entry worksheet