Part 3 Prepare a retained earnings statement for the month of July 2022. (List items that increase retained earnings first.) RAPID DELIVERY SERVICE Retained Earnings Statement e Textbook and Media List of Accounts Sarce for Later Attempts: 0 of 4 used Submit Answer Question 5 of 6 View Policies Show Attempt History Current Attempt in Progress The accounts in the ledger of Rapid Delivery Service contain the following balances on July 31, 2022 Accounts Receivable Accounts Payable Cash Equipment Maintenance and Repairs Expense Insurance Expense Notes Payable (due 2025) $13,400 8,400 ? 59,360 1,958 900 28,450 Prepaid Insurance Service Revenue Dividends Common Stock Salaries and Wages Expense Salaries and Wages Payable Retained Earnings (July 1, 2022) $ 2,200 15,500 700 40,000 7,428 820 5,200