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Required information Use the following information for the Quick Studies below. (Algo) [The following information applies to the questions displayed below) Lawson Consulting had the following accounts and amounts on December 31. $ 2,900 16,2 Cash Accounts receivable Equipment Accounts payable Common stock $ 12,000 Dividends 5,980 Services revenue 7,900 Rent expense 4,269 Wages expense 19,640 3,40 8,000 QS 2-16 (Algo) Preparing a statement of retained earnings LO P1 Use the above information to prepare a December statement of retained earnings for Lawson Consulting. The Retained Earnings account balance at December 1 was $0 Hint Net income for December is $4,800 LAWSON CONSULTING Statement of Retained Earnings $ 0