Question: PE 1-5A Retained Earnings Statement Using the income statement for Ousel Travel Service shown in Practice Exercise 1-4A, prepare a retained earnings statement for the

PE 1-5A Retained Earnings Statement Using the income statement for Ousel Travel Service shown in Practice Exercise 1-4A, prepare a retained earnings statement for the year ended November 30, 2016. Shane Ousel invested an additional $50,000 in the business in exchange for common stock dur- ing the year and cash dividends 1, 2015, was $566,000. OB).S of $30,000 were paid. Retained earnings as of December

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