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 $918,000. During the year, no additional common stock was issued, and $15,000 of dividends were paid. For the year ended December 31, 2018, Grab Bag Delivery reported a net loss of $43,500 Prepare a retained earnings statement for the year ended December 31, 2018. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus 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. Retained Earnings Statement Shaded cells have feedback Score: 28/52 Grab Bag Delivery Services Retained Earnings Statement For the Year Ended December 31, 2018 1 Retained eanings,January 1,2018 2Dividends 3 Net loss 4 Change in retained earnings 5 Retained eamings, December 31, 2018 $918,000.00 $15,000.00 43,500.00 58,500.00 $859,500.00 Points Net loss