please help me with this question using the second pic sample. thanks

XYZ Corporation provided the following information for 2018. the company closed last year statement of Earnings with $32000 Dividend paid on 50,000 common shares $1.20 per share Preferred Shares ,$5, 100000 authorized , 25000 shares issued and outstanding $160000 Net income $22300 Paid preferred share dividend for year 2018 Required Calculate the Retained Earning on December 31, 2018 using a T-Acount Statement of Retained Earning 25700 Bal C/S Div (120000 x 2.20) 264000 64300 Net Income Div P/s (3000 x 2) 6000 180,000 270000 270,000 Balance 180,000