Whispering Corporation has retained earnings of $682,100 at January 1, 2020. Net income during 2020 was $1,433,300, and cash dividends declared and paid during 2020 totaled $79,100. Prepare a retained earnings statement for the year ended December 31, 2020. (List items that increase retained earnings first.) WHISPERING CORPORATION Retained Earnings Statement For the Year Ended December 31, 2020 Retained Earnings, January 1 $ Less : Retained Earnings. December 31 $