ilen/takeAssignment/takeAssignmentMain.doFinvoker=&takeAssignmentSessionLocator=&inprogress-false ok Show Me How Calculator tained earnings statement Instructions Labels and Amount Descriptions Retained Earnings Statement Instructions Blake Knudson owns and operates Grab Bag Delivery Services. On January 1, 2018, Retained Earnings had a balance of $623,000. During the year, Blake invested an additional $37,000 in exchange for common stock, and $17.500 of dividends were paid. For the year ended December 31, 2018, Grab Bag Delivery Services reported a net income of $93,050 Prepare a retained eamings statement for the year ended December 31, 2018. If a netloss is incurred or dividends were pad, enter that amount as a negative number using a mis sign. Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement Previous Check My Work Book Show Me Flow Retained earnings statement Instructions Labels and Amount Descriptions Retained Earnings Statement Instructions Blake Knudson owns and operates Grab Bag Delivery Services. On January 1, 2018, Retained Earnings had a balance of $623,000. During the year, Blake invested an additional $37,000 in exchange for common stock and $17.500 of dividends were paid. For the year ended December 31, 2018, Grab Bag Delivery Services reported a net income of $3,050 Prepare a retained earnings statement for the year ended December 31, 2018 If a net loss is incurred or dividends were pad enter that amount as a negative number using a munus sign Refer to the list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the heading of the statement Previous Check My Work Sub Assignment for Grade Cengage Learning w.com/ilm/takeAssignment/takeAssignmentMain.doFinvoker=&takeAssignmentSession Locator &inprogress=false 1 eBook Show Me How Calculator Instructions Retained Earnings Statement Prepare a retained earnings statement for the year ended December 31, 2018 'a net loss is incurred or dividends were paid enter that amount as never list of Labels and Amount Descriptions for the exact wording of the answer choices for text entries Be sure to complete the heading of the statement Question not attempted. Score: 0/53 Grab Bag Delivery Services Retained Earnings Statement (Label) 1