%E1-32 (similar to) i Reference The account balances and income statement of Wayans Towing Service at June 30, 2018, follow E: (Click the icon to view the account balances.) 3 (Click the icon to view the income statement for the month.) Requirements 1. Prepare the statement of retained earnings for Wayans Towing Service for the month ending June 30, 2018. 2. What does the statement of retained earnings report? Requirement 1. Prepare the statement of retained earnings for Wayans Towing Service for the month ending June 30, 2018. Wayans Towing Service Income Statement Month Ended June 30, 2018 Revenues: Service Revenue Expenses: Salaries Expense $ Rent Expense Total Expenses $ 14,500 2,500 750 Retained Earnings, June 1, 2018 3,250 11,250 Net Income i Data Table Print Done Retained Earnings, June 30, 2018 $ $ Equipment Office Supplies Notes Payable Rent Expense Cash 21,250 Service Revenue 1,200 Accounts Receivable 7,000 Accounts Payable 750 Retained Earnings, June 1, 2018 2,200 Salaries Expense 1,000 Common Stock 14,500 5,000 7,000 3,400 2,500 2,000 Dividends Choose from any list or enter any number in the input fields and then click Check Ansv Print Done part remaining Check