Wolford Department Store is located in midtown Metropolis. During the past several years, net income has been declining because suburban shopping centers have been attracting business away from city areas. At the end of the companys fiscal year on November 30, 2017, these accounts appeared in its adjusted trial balance.

Accounts Payable		$ 27,336
Accounts Receivable		17,544
Accumulated DepreciationEquipment		69,360
Cash		8,160
Common Stock		35,700
Cost of Goods Sold		626,586
Freight-Out		6,324
Equipment		160,140
Depreciation Expense		13,770
Dividends		12,240
Gain on Disposal of Plant Assets		2,040
Income Tax Expense		10,200
Insurance Expense		9,180
Interest Expense		5,100
Inventory		26,724
Notes Payable		44,370
Prepaid Insurance		6,120
Advertising Expense		34,170
Rent Expense		34,680
Retained Earnings		14,484
Salaries and Wages Expense		119,340
Sales Revenue		922,080
Salaries and Wages Payable		6,120
Sales Returns and Allowances		20,400
Utilities Expense		10,812

Prepare a retained earnings statement. (List items that increase retained earnings first.) WOLFORD DEPARTMENT STORE Retained Earnings Statement $ . : WOLFORD DEPARTMENT STORE Balance Sheet Assets $ $ $ Liabilities and Stockholders' Equity $ $ A A > > > > > >