Question: Presented here is information for Willingham Inc. for 2010. Retained earnings, January 1 ......... $130,000 Revenue from legal services ......... 400,000 Total expenses ............. 170,000

Presented here is information for Willingham Inc. for 2010.
Retained earnings, January 1 ......... $130,000
Revenue from legal services ......... 400,000
Total expenses ............. 170,000
Dividends ............... 82,000

Instructions
Prepare the 2010 retained earnings statement for Willingham Inc.

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