Presented here is information for Zheng Inc. for 201?. Retained earnings, January 1 $130,000 Service revenue 400,000 Total expenses 1?5,000 Dividends…

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Presented here is information for Zheng Inc. for 201?. Retained earnings, January 1 $130,000Service revenue 400,000Total expenses 1?5,000Dividends 65,000 Calculate the net income. Net income Prepare the 201? retained earnings statement for Zheng Inc.. (List items that increase retained earnings fiat.) Zheng Inc.Retained Earnings Statement For the Year Ended December 31, 201? : ‘ $. .v c. .7 v 5 uU!-

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