Use the following information for problems 3 to 5 LO P2 (Algo) (The following information applies to the questions displayed below.) As of December 31 of the current year, Armani Company's records show the following. Cash Accounts receivable Supplies Equipment Accounts payable Common stock Retained earnings, Dec. 31, prior year Retained earnings, Dec. 31, current year Dividends Consulting revenue Rental revenue Salaries expense Rent expense Selling and administrative expenses $11,800 10,800 7,800 6,800 14,600 15,800 4,800 6,800 14,800 36,600 25,600 21,800 13,800 9,800 Problem 1-4A (Algo) Preparing a statement of retained earnings LO P2 Required: Prepare the statement of retained earnings for Armani Company for the current year ended December 31. ARMANI COMPANY Statement of Retained Earnings For Current Year Ended December 31 Retained earnings, Dec. 31, prior year Retained earnings, Dec. 31, current year