Is this correct?

The dropdown options are as follows:

$$ Line Item $1$: Cash, Balance Apr $1,$ Balance Mar $31,$ Net Income, Net Loss

$$ Line Item $2$: Fees Earned, Issued Common Stock, Office Expense, Misc Expense, Wages Expense

$$ Line Item $3$: Cash, Balance Apr $1,$ Balance Mar $31,$ Net Income, Net Loss

$$ Line Item $4$: Dividends, Fees Earned, Office Expense, Misc Expense, Wages Expense

$$ Line Item $5$: Cash, Balance Apr $1,$ Balance Mar $31,$ Net Income, Net Loss

If this is not correct, which Line Item$($s$)$ need to be changed and what is the correct charting for the amounts?

I asked someone that has worked loosely in accounting previously and was told two things: that where I got the Retained Earnings for Net Income was not clear, and that Dividends are considered Income. This person is by no means an expert and my brain is fried. I don't understand why this isn't correct and what is if this is not the right answer.