Question: Wirefree Corporation began 2021 with retained earnings of $290 million. Revenues during the year were $440 million, and expenses totaled $340 million. Wirefree declared dividends

Wirefree Corporation began 2021 with retained earnings of

$290

million. Revenues during the year were

$440

million, and expenses totaled

$340

million. Wirefree declared dividends of

$62

million. What was the company's ending balance of retained earnings? To answer this question, prepare Wirefree's statement of retained earnings for the year ended December 31 , 2021, complete with its proper heading.\ Prepare the statement of retained earnings. (Enter all amounts in millions. Enter a net loss with a minus sign or parentheses. Include a subtotal after the "Add" line of the statement.)

Wirefree Corporation began 2021 with retained earnings of $290 million. Revenues

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