2. (4pts; 0.5pts each calculation) Below is a table showing Revenues and Expenses, and Dividends declared and paid during 2018, 2019, 2020, and 2021 for Magpie Electricals: Year 2018 2019 2020 2021 Revenues $468,550 $515,010 $532,800 $509,930 Expenses $491,920 Dividends $0 $497,350 $1,500 $503,450 $517,200 $1,950 $0 Calculate a) Net Income (or Net Loss) for each year and b) the balance of Retained Earnings as of the end of each year (assume Retained Earnings as of 1/1/2018 was $51,000). You must show all of your work to receive full credit