11: (4 Points). Identify the 2 errors in the following Retained Earnings statement (treat this one completely independent of the statement above). Make sure to clearly explain your errors sol understand your explanation. DIVVY Company Retained Earnings Statement For the Month Ended 1/31/2020 Beginning Retained Earnings 30.000 Plus Net Income Plus Cash Plus Dividends Net Change 40,000 10,000 5,000 55.000 Ending Retained Earnings 85,000 12. (4 Points). Identify the 2 errors in the following Balance Sheet. (treat this one completely independent of the statements above). Make sure to clearly explain your errors so I understand your explanation. DIVVY Company Balance Sheet For the Month Ended 1/31/2020 Assets Liabilities Cash 10,000 Wages Expense 5,000 Accounts Receivable 5,000 Equipment 10,000 Accumulated Depreciation Equipment Owner's Equity Common Stock Retained Earnings 2,000 20,000 2,000 Total Liabilities + 27,000 Total Assets 27,000