Question 10 You are given the information below to answer questions that follow a) Manazil PLC started Year-2020 with AED 7,000,000 in retained earnings from Dec 31, 2019 b) Manazil PLC has 4,000,000 of authorized Shares of Common Stock AED 5 Par Valur, c) Manazil PLC issued 1,000,000 Shares of Common Stck at AED 10 during 2020. .d) Manazil PLC has 500,000 authorized AED2.50 Preferred Stock AED 5 Par Value e) Manazil PLC issued 100,000 Preferred Stock at AED10 during the year. f) Manazil PLC PLC generated AED 2,000,000 Net Income during the Year-2020 g) On December 30, 2020, Manazil PLC paid a dividend of AED 5 per share of Common Stock Required: Use the information above to calculate the Retained Earnings for the Year Ended December 2020 Hint: Copy and paste the TABLE below into the answer area for providing Statement of changes in Petalined Raming Manazil PLC Statement of Changes in Retained Earnings for the Year ended 2020 MacBo 111 > 3 (12pt)