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Everett Co. was organized on July 1, 2020. Quarterly financial statements are prepared. The unadjusted and adjusted trial balances as of September 30 are shown as follows.

Everett Co. Trial Balance September 30, 2020
		Unadjusted				Adjusted
		Dr.		Cr.		Dr.		Cr.
Cash		$ 8,700				$ 8,700
Accounts Receivable		10,400				11,500
Supplies		1,500				650
Prepaid Rent		2,200				1,200
Equipment		18,000				18,000
Accumulated DepreciationEquipment				$ 0				$ 700
Notes Payable				10,000				10,000
Accounts Payable				2,500				2,500
Salaries and Wages Payable				0				725
Interest Payable				0				100
Unearned Rent Revenue				1,900				1,050
Common Stock				22,000				22,000
Dividends		1,600				1,600
Service Revenue				16,000				17,100
Rent Revenue				1,410				2,260
Salaries and Wages Expense		8,000				8,725
Rent Expense		1,900				2,900
Depreciation Expense						700
Supplies Expense						850
Utilities Expense		1,510				1,510
Interest Expense						100
		$ 53,810		$ 53,810		$ 56,435		$ 56,435

Prepare a retained earnings statement for the 3 months ending September 30. (List items that increase retained earnings first.)

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