Your answer is partially correct. Try again. Prepare a retained earnings statement. (List items that increase retained earnings first.)

(a2) Your answer is partially correct. Try again. Prepare a retained earnings statement. (List items that increase retained earnings first.) Splish Brothers Inc. Retained Earnings Statement For the Month Ended November 30, 2019 Retained Earnings, December 1, 2018 81800 Net Income / (Loss) 40100 Tuess Divid ividends Retained Earnings, November 30, 2019 Problem 5-3A (Part Level Submission) The Splish Brothers Inc. is located in midtown Madison. During the past several years, net income has been declining because of suburban shopping centers. At the end of the company's fiscal year on November 30, 2019, the following accounts appeared in two of its trial balances. Accounts Payable Accounts Receivable Accumulated Depr.-Equipment Cash Common Stock Cost of Goods Sold Dividends Freight-Out Equipment Depreciation Expense Insurance Expense Interest Expense Interest Revenue Unadjusted $25,300 30,600 33,000 25,000 27,100 513,000 10,500 5,400 145,500 Adjusted $25,300 30,600 44,000 25,000 27,100 513,000 10,500 5,400 145,500 11,000 7,300 6,300 11,000 Inventory Notes payable Prepaid Insurance Property Tax Expense Property Taxes Payable Rent Expense Retained Earnings Salaries and Wages Expense Sales Commissions Expense Sales Commissions Payable Sales Returns and Allowances Sales Revenue Utilities Expense Unadjusted Adjusted $28,000 $28,000 36,000 36,000 10,500 3,200 2,500 2,500 15,400 15,400 61,700 61,700 91,900 91,900 6,500 11,000 4,500 7,300 7,300 710,000 710,000 8,2008 ,200 6,300 11,000