Make a Retained Earnings Statement using the following information

25,900 Qimonos Income Statement For the year ended Decemeber 31,2019 Sales Beginning Finished Goods Inventory 400 Cost of goods manufactured 18,820 Cost of finished goods available for sale 19,220 Ending finished goods inventory (3,400) Cost of goods sold Gross profit Operating Expenses (22,620) 3,280 Qimonos Comparative Balance Sheet December 31, 2019 Assets Current Assets: Cash Accounts Receivable Inventory Fixed Assets Total Current Assets 15,400 9,400 6,500 10,963 42,263 Liabilities Current Liabilities: Accounts payable Long-Term Liabilities Unearned Fees Total Liabilites 4,500 10,000 25,900 40,400 Common stock Retained Earnings Total Stockholder Equity StockHolders Equity 25645 4874 30519 25,900 Qimonos Income Statement For the year ended Decemeber 31,2019 Sales Beginning Finished Goods Inventory 400 Cost of goods manufactured 18,820 Cost of finished goods available for sale 19,220 Ending finished goods inventory (3,400) Cost of goods sold Gross profit Operating Expenses (22,620) 3,280 Qimonos Comparative Balance Sheet December 31, 2019 Assets Current Assets: Cash Accounts Receivable Inventory Fixed Assets Total Current Assets 15,400 9,400 6,500 10,963 42,263 Liabilities Current Liabilities: Accounts payable Long-Term Liabilities Unearned Fees Total Liabilites 4,500 10,000 25,900 40,400 Common stock Retained Earnings Total Stockholder Equity StockHolders Equity 25645 4874 30519