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This information relates to Coronado Industries for the year 2022. Retained earnings, January 1, 2022 $87,100 Advertising expense 2,340 Dividends 7,800 Rent expense 13,520

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This information relates to Coronado Industries for the year 2022. Retained earnings, January 1, 2022 $87,100 Advertising expense 2,340 Dividends 7,800 Rent expense 13,520 Service revenue 75,400 Utilities expense 3,120 Salaries and wages expense 39,000 Prepare a retained earnings statement for the year ending December 31, 2022. (List items that increase retained earnings first.) Coronado Industries Retained Earnings Statement $

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