Question: 2. Use the appropriate information from below to prepare a Retained Earnings Statement in good form for MuggleCorp for the year ended December 31, 2017.

2. Use the appropriate information from below to prepare a Retained Earnings Statement in good form for MuggleCorp for the year ended December 31, 2017. Use the space on this page. (20 POINTS).

Net Income from Income Statement FYE December 31, 2017

$3,000

Cash from Post Closing Trial Balance Jan 1, 2017

$25,000

Service Revenue from Income Statement FYE December 31, 2017

$87,000

Cash from Adjusted Trial Balance December 31, 2017

$22,000

Retained Earnings From Post Closing Trial Balance January 1, 2017

$14,000

Total Operating Expenses from Income Statement December 31, 2017

$41,000

Unearned Revenue from Adjusted Trial Balance December 31, 2017

$6,700

Dividends From Adjusted Trial Balance December 31, 2017

$4,000

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