Use the following adjusted trial balance (prepared from the general ledger) for the dog training business to prepare the income statement, statement of retained earnings, and balance sheet.

Adjusted Trial Balance
December 31
	Debit	Credit
Cash	$ 13,100
Accounts receivable	1,400
Supplies	1,200
Prepaid insurance	3,300
Equipment	6,000
Accumulated depreciationEquipment		$ 100
Accounts payable		700
Wages payable		600
Unearned revenue		1,200
Common stock		20,000
Retained earnings (as of December 1)		0
Dividends	500
Services revenue		5,300
Rental revenue		600
Depreciation expenseEquipment	100
Wages expense	800
Insurance expense	300
Rent expense	1,000
Supplies expense	800
Totals	$ 28,500	$ 28,500

Prepare the statement of retained earnings for the month ended December 31.

Statement of Retained Earnings
For Month Ended December 31
Retained earnings, December 1
	0
Retained earnings, December 31	$0