Required information Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] As of December 31 of the current year, Armani Company's records show the following. Cash $ 10,800 Accounts receivable 9,800 Supplies 6,800 Equipment 5,800 Accounts payable 12,600 Common stock 14,800 Retained earnings, December 31, prior year 3,800 Retained earnings, December 31, current year 5,800 Dividends 13,800 Consulting revenue 34,600 Rental revenue 23,600 Salaries expense 20,800 Rent expense 12,800 Selling and administrative expenses 8,800 Problem 1-4A (Algo) Preparing a statement of retained earnings LO P2 Required: Prepare the statement of retained earnings for Armani Company for the current year ended December 31. ARMANI COMPANY Statement of Retained Earnings For Current Year Ended December 31 Retained earnings, December 31, prior year