You received partial credit in the previous attempt. Check my work View previa Exercise 11-18 (Static) Preparing a statement of retained earnings LO C3 Prepare a statement of retained earnings for Tidal Co. for the year ended December 31, 2020, using the following data. (Amounts to be deducted should be indicated by a minus sign.) Cash dividends declared and paid in 2020 Retained earnings at December 31, 2019 Net Income in 2020 $ 8,000 50,000 33,000 Tidal Co Statement of Retained Earnings For Year Ended December 31, 2020 Retained earnings, Dec 31, 2019 $ Plus net income Less dividends Retained earnings, Dec 31, 2020 $ 60,000 33,000 8,000 101,000