View Policies Show Attempt History Current Attempt in Progress Swifty Corporation is a private camping ground near the Mount Miguel Recreation Area. It has compiled the following financial information as of December 31, 2017. Service revenue (from camping fees) $137,280 Dividends $9,360 Sales revenue (from general store) Notes payable 26,000 52,000 Accounts payable 11,440 Expenses during 2017 131,040 8,840 Supplies Cash 5,720 41,600 118,560 Common stock Equipment 5,200 Retained earnings (1/1/2017) (a) Your answer is correct. Determine Swifty Corporation's net income for 2017 DIL FE Your answer is partially correct. Prepare a retained earnings statement for Swifty Corporation year ended December 31, 2017.(List items that increase retained earnings first.) Swifty Corporation Retained Earnings Statement For the Year Ended December 31, 2017 Retained Earnings, January 1 11,630 Net Income / (Loss) Add 2,236 13,866 3,320 Dividends Less 10,546 Retained Earnings, December 31 eTextbook and Media List of Accounts