Prepare an retained earnings statement for August. (List items that increase retained earnings first.) Sunland Company Retained Earnings Statement For the Month Ended August 31, 2022 $ An analysis of transactions for Sunland Company, a certified public accounting firm, for the month of August is as follows. Assume that August is the company's first month of business. Assets Liabilities + Stockholders' Equity Retained Earnings Accounts Accounts Common Cash + Receivable + Supplies + Equipment = Payable + Stock + Revenues - Expenses Dividend 1. $14,950 $14,950 2. -1,000 $4,500 $3,500 3. -650 $650 4. 4,000 $3,600 5. -1,000 $7,600 -1,000 Service Revenue 6. -2,000 7. -750 -$2,000 -$750 Rent Expense 8. 400 -400 9. -3,800 10. -3,800 Salaries/Wages Expense 350 -350 Utilities Expense