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g After analyzing the data, prepare a retained...

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Accounting

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After analyzing the data, prepare a retained earnings statement for the year ending December 31, 2022. (List Items that increase retained earnings first. Enter amounts in millions to 1 decimal place, eg. 45.5 million) Merck and Co. Retained Earnings Statement For the Year Ended December 31, 2022 Pin millions) Retained Earnings, January 81700 Add Net Income /(Loss) 16340 98040 Dividends 7320 Retained Earnings. December 31 00720 Current Attempt in Progress Suppose the following information was taken from the 2022 financial statements of pharmaceutical giant Merck and Co. (All dollar amounts are in millions.) Retained earnings, January 1, 2022 $ 44,700.0 Cost of goods sold 8,600,0 Selling and administrative expenses 8,600,0 Dividends 3.200,0 Sales revenue 37.900,0 Research and development expense 6,800.0 Income tax expense 3.100.0

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