You are provided with the following information for Sandhill Co, effective as of its April 30,2022 , year-end. Inventory 980 Investment in land Land Mortgage payable (long-term) Notes payable (short-term) Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue 12,870 3,500 4,300 63 70 1,300 850 260 5,200 1,400 Prepare a retained earnings statement for Sandhill Co, for the year ended April 30, 2022. (List items that increase retained carnings first)