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Use the following information for the problem(s) below LO P2 (Algo)

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As of December 31 of the current year, Armani Companys records show the following.

Cash	$ 10,100
Accounts receivable	9,100
Supplies	6,100
Equipment	5,100
Accounts payable	11,200
Common stock	14,100
Retained earnings, December 31, prior year	3,100
Retained earnings, December 31, current year	5,100
Dividends	13,100
Consulting revenue	33,200
Rental revenue	22,200
Salaries expense	20,100
Rent expense	12,100
Selling and administrative expenses	8,100

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.