Magical Experiences Vacation Company has the following data available: Dividends, 2019......... $ 14,000......... Retained earnings, 12/31/2018......... $

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Magical Experiences Vacation Company has the following data available:
Dividends, 2019......... $ 14,000......... Retained earnings, 12/31/2018......... $ 55,300
Dividends, 2020 ............16,000.........Revenues, 2019 ............................ 221,900
Expenses, 2019 ............188,500 ........ Revenues, 2020 ........................... 325,400
Expenses, 2019.............250,800
Required:
Prepare retained earnings statements for 2019 and 2020.
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