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You are provided with the following information for Monty Enterprises, effective as of its April 30, 2022 year-end. Accounts payable $889 Accounts receivable 955 Accumulated

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You are provided with the following information for Monty Enterprises, effective as of its April 30, 2022 year-end. Accounts payable $889 Accounts receivable 955 Accumulated depreciation equipment 670 Cash 1,415 Common stock Cost of goods sold 1.335 1,335 1.115 Depreciation expense 280 Dividends 380 Equipment 2,565 Income tax expense 220 Income taxes payable 190 Insurance expense 265 Interest expense 455 Inventory 1,112 Land 3.245 Mortgage payable 3,645 Income taxes payable 190 Insurance expense 265 Interest expense 455 Inventory 1,112 Land 3,245 Mortgage payable 3,645 Notes payable (due March 31, 2023) 206 Prepaid insurance 115 Retained earnings (beginning) 1,600 Salaries and wages expense 645 Salaries and wages payable 277 Sales revenue 5,245 Stock investments (short-term) 1,290 Prepare a retained earnings statement for Monty Enterprises for the year ended April 30, 2022. (List items that increase retained earnings first.) MONTY ENTERPRISES Retained Earnings Statement : $

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