Question Help E3-21A (book/static) Question Help Sentry Alarm, Inc., began the year with $19,000 of common stock and $22.600 of retained earnings. On June 5, investors bought $12,000 of additional stock in the business. On September 22, the business purchased land valued at $65,000. The income statement for the year ended December 31, 2018, reported a net loss of $10,800. During this fiscal year, the business paid $275 for dividends each month. Read the requirements. Requirement 1. Prepare Sentry Alarm's statement of retained earnings for the year ended December 31, 2018. (If a box is not used in the statement, leave the box emply, do not select a label or entor a zero.) Complete the statement of retained earnings. Sentry Alarm, Inc. Statement of Retained Earnings For the Year Ended December 31, 2018 Loss Choose from any list or enter any number in the input fields and then click Check Answer 4 part I remaining Clear All Check Answer E3-21A (book/static) Sentry Alarm, Inc., began the year with $19,000 of common stock and $22,600 of retained earings. On June 5, investors b business. On September 22, the business purchased land valued at $65,000. The income statement for the year ended Dec $10,800. During this fiscal year, the business paid $275 for dividends each month. Read the requirements. Sentry Alarm, Inc. Statement of Retained Earnings For the Year Ended December 31, 2018 L Less: E ERLES rement 1.Pd do not seled i - leave the box Requirements X Hete the state 1. Prepare Sentry Alarm's statement of retained earnings for the year ended December 31, 2018 2. Did the retained earnings of the business increase or decrease during the year? What caused this change? Done