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 Revenues Expenses Dividends 2018 $42,450 $36,008 $190 2019 $33,004 $35,895 $0 $40,710 $37,952 $41,555 $39,840 2020 2021 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 $0). You must show all of your work to receive full credit. $275 $140