ONS AND FINANCIAL STATEMENTS Creating a basic equity statement On December 31, Gonzalez Co. had the following list of accounts and their respective annual balances. $ 41,400 Legal Expense S 4,200 Accounts Payable Accounts Receivable Maintenance Expense 4,700 34,300 4,700 Beginning Retained Earnings Prepaid Rent 21,200 Capital Stock 38,200 2,800 Rent Expense Service Ravenue Cash 55,800 50,400 Deferred Revenue 14,900 Supplies 11,600 Dividends 13,200 Supplies Expense 1,800 Complete the statement of changes in retained earnings below. Hint: First compute net income. Gonzalez Company Statement of Changes in Retained Earnings For Year Ended December 31 Beginning Retained Earnings (Choose one) Change in Retained Earnings Ending Retained Earnings $ 4,700 $ 4,700