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identify the formula and then solve for the rotained earmings bisance at the end of the period lefained oarnings. End retaired earnings = Ending retanod oaknings.) Requirement 2. Did leaty eain a net income or sulfer a net loss for the yar? Compste the amount identify the formula and then solve for Merciers net income-or loss for the period. (Use a muins sign of parenthesen for a loss) =Netincome(iess) The records of 1 eaty Company stiow the following at Decembin 31, 2018 (Click the icon to vew the dafa) Resad tive teguirements. Ideoty the formule and then soive for the retained earnmgs balance at the end of the period Data table eginning and end of Abbreviations used