Question: please answer the part b. Prepare a 2025 retained earnings statement for Waterway Corporation. (List items that increase adjusted retained earnings first.) Assume Waterway Corporation

please answer the part b.

Waterway Corporation. (List items that increase adjusted retained earnings first.) Assume Waterway

Prepare a 2025 retained earnings statement for Waterway Corporation. (List items that increase adjusted retained earnings first.) Assume Waterway Corporation restricted retained earnings in the amount of $81,200 on December 31, 2025. After this action. what would Waterway report as total retained earnings in its December 31,2025 , balance sheet? Total retained earnings

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