Check my work Exercise 3-15A Calculate the balance of retained earnings (LO3-5) Below are the restated amounts of net income and retained earnings for Volunteers Inc. and Raiders Inc. for the period 2012-2021. Volunteers began operations in 2013, while Raiders began several years earlier. Required: Calculate the balance of retained earnings each year for each company. Neither company paid dividends during this time. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Amounts to be deducted should be Indicated by a minus sign.) Year 2012 2013 2014 2015 VOLUNTEERS INC RAIDERS INC. (s in millions) ($ in millions) Net Retained Net Retained Income (Loss) Earnings Income (Loss) Earnings $ 0 $ 25 (53) 51 20 531 125 2016 2017 2018 2019 2020 2021 (141) 567 349 350 (52) 64 100 152