You are provided with the following information for Sheridan Company, effective as of its April 30, 2022, year-end.

Accounts payable $ 878

Accounts receivable 910

Accumulated depreciationequipment 560

Cash 1,360

Common stock 16,400

Cost of goods sold 1,080

Depreciation expense 390

Dividends 320

Equipment 2,600

Goodwill 1,800

Income tax expense 170

Income taxes payable 125

Insurance expense 250

Interest expense 530

Inventory 940

Investment in land 13,795

Land 3,400

Mortgage payable (long-term) 4,300

Notes payable (short-term) 62

Prepaid insurance 60

Retained earnings (beginning) 1,800

Salaries and wages expense 850

Salaries and wages payable 230

Sales revenue 5,900

Stock investments (short-term) 1,800

SHERIDAN COMPANY Income Statement SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO Prepare a retained earnings statement for Sheridan Company for the year ended April 30, 2022. (List items that increase retained earnings first.) SHERIDAN COMPANY Retained Earnings Statement SHOW LIST OF ACCOUNTS CALCULATOR PRINTER VERSION BACK NEXT NEXT SHERIDAN COMPANY Balance Sheet Assets Liabilities and Stockholders' Equity Liabilities and Stockholders' Equity Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. SUBMIT ANSWE Question Attempts: 0 of 3 used SAVE FOR LATER Earn Maximum Points available only if you answer this question correctly in three attempts or less. %