Use the data in Problem P11-35A to prepare the Filner Cosmetics statement of retained earnings for the year ended December 31, 20X8.
Data in Problem P11-35A

Dividends on common stock.$37,000 23,000 . 8,000 11,000 Prior-period adjustment debit to Retained Earnings..$ 4, s 4,000 28,000 2,000 Interest expense. Income tax expense (saving): Dividend reven Treasury stock, common Continuing operations Income from discontinued operations. Extraordinary loss (2,000 shares at cost) 71,000 567,000 (10,800) Loss on sale of plant assets Income from discontinued General expenscs. Sales revenue Retained earnings, beginning, operations 7,000 Preferred stock, 6%, $25 par, Selling expense Common stock, no par, 87,000 100,000 22,400 319,000 4,000 shares issued. Extraordinary loss Cost of goods sold. 22,000 shares authorized and issued 350,000