The following information for the year ended December 31, 2021, was reported by Nice Bite, Incorporated $ 48,000 25, 800 99,400 86,000 155,000 Accounts Payable Accounts Receivable Cash (balance on January 1, 2021) Cash (balance on December 31, 2021) Common Stock Dividends Equipment Income Tax Expense Interest Expense Inventory Notes Payable office Expense Prepaid Rent Retained Earnings (beginning) Salaries and Wages Expense Service Revenue Utilities Expense Salaries and Wages Payable 139, 700 10,400 29,800 17,500 26,900 14, 600 7, 300 7,800 36,000 143,800 25,400 11,000 other cash flow information: Cash from issuing common stock Cash paid to reacquire common stock Cash paid for income taxes Cash paid to purchase long-term assets Cash paid to suppliers and employees Cash received from customers $ 24,000 26,900 11,300 55, 400 86,800 143,000 Complete this question by entering your answers in the tabs below. Req 2A Req 2B Req 2c What is the amount of retained earnings as of December 31, 2021? ces Retained earrings as of December 31, 2021 Did the retained earnings at December 31, 2021, arise primarily from current year earnings or earnings retained from prior years? Anse primarily from current year earnings Eamings retained from prior years O Approximately equal amounts of both What is your information source? OIncome Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows