May bakery, inc. reported a prior-period adjustment in 2018. an accounting error caused net income of prior years to be overstated by $ 6 comma 000. retained earnings at december 31, 2017, as previously reported, was $ 45 comma 000. net income for 2018 was $ 71 comma 000, and dividends declared were $ 30 comma 000. prepare the company's statement of retained earnings for the year ended december 31, 2018. enter any current period increases in retained earnings prior to the subtotal, and enter any current period decreases to retained earnings below the subtotal. susan may bakery, inc. statement of retained earnings year ended december 31, 2018