Bookmarks value: 1.00 points M4-15 Reporting a Statement of Retained Earnings [LO 44] The Sky Blue Corporation has the following adjusted trial balance at December 31. Debit $1,430 4,000 4,300 5,000 22,000 Credit Cash Accounts Receivable Prepaid Insurance Notes Receivable (long-term) Equipment Accumulated Depreciation Accounts Payable Salaries and Wages Payable ncome Taxes Payable Unearned Revenue Common Stock Retained Earnings Dividends Sales Revenue Rent Revenue Salaries and Wages Expense Depreciation Expense Utilities Expense Insurance Expense Rent Expense Income Tax Expense 6,600 7,420 2,000 4,900 1,000 4,400 1,800 500 60,030 500 25,600 3,300 6,220 3,400 8,000 4,900 Total $88,650 $88,650 Prepare a statement of retained earnings for the year SKY BLUE CORPORATION