(Solved): Prepare a statement of retained earnings for the six months ended june 29, 2019. (Enter your answers ...

Required information [The following information applies to the questions displayed below] Fun Fitness, Incorporated, reported the following information for the six-month period ended June 29, 2019. Items are listed alphabetically and are in thousands of dollars. $ 1,029,100 Accounts Payable Accounts Receivable. Advertising Expense Cash (January 1, 2019) Cash (June 29, 2019) Common Stock 598,000 70,400 1,384,400 1,074,000 1,531,000 310,400 Dividends Equipment 3,066,400 79,400 Income Tax Expense Inventory 649,400 Notes Payable 348,700 office Expense 657,400 Operating Expenses 694,400 2,726,400 Retained Earnings (January 1, 2019) Sales Revenue Supplies 1,734,000 169,400 Other cash flow information: Cash received from issuing common stock Cash paid to purchase equipment Cash paid to suppliers and employees $ 58,400 530,400 1,432,400 1,720,000 184,400 310,400 Cash received from customers Cash received from sale of long-term assets Dividends paid to stockholders Prepare a statement of retained earnings for the six months ended June 29, 2019. (Enter your answers in thousands.) 2. Prepare a statement of retained earnings for the six months ende FUN FITNESS, Incorporated Statement of Retained Earnings For the Six Months Ended June 29, 2019 (in thousands) Retained Earnings, January 1, 2019 Add: Net Income Less: Dividends Retained Earnings, June 29, 2019