1-61A (Algorithmic) Retained Earnings Statement Dittman Expositions has the following data available: Dividends, 2019 $7,550 Dividends, 2020 9,910 Expenses, 2019 402,500 Expenses, 2020 412,600 Retained earnings, 12/31/2018 17,300 Revenues, 2019 419,800 Revenues, 2020 442,400 Required: Prepare retained earnings statements for 2019 and 2020. Dittman Expositions Retained Earnings Statement For the Years Ended December 31, 2019 and December 31, 2020 2019 2020 Retained earnings, beginning of year 17,300 Add: Net income 10,100 22600 Less: Dividends Retained earnings, end of year