en equity Saved Help Save & Exit Submit Check my work 4 In its first five years of operations, Monster Hats reports the following net income and dividends (the first year is a net loss). Required: Calculate the balance of Retained Earnings at the end of each year. (Negative amounts should be indicated with a minus sign.) Gints Net Income (Los) for the Dividends for the Year Ending Retained Earnings Year eBook 1 $ a 2 0 3 (31.000) 55.000 83,000 128,000 178,000 Print 4 29,000 29,000 32,000 5 References