Presented below is information related to Anthony Scalici Company. 
Instructions
Prepare the 2015 retained earnings statement for Anthony Scalici Company.
Definitions:
Maximum Utility
The highest level of satisfaction or benefit that a consumer can obtain from the consumption of goods and services within the constraints of their income and prices.
Consumer Income
The total amount of money earned by individuals or households that can be used for saving, spending, or investing.
MU y/ Pᵧ
MU y/ Pᵧ represents the marginal utility of good "y" divided by its price, a concept in economics used to analyze consumer choice, indicating the additional satisfaction per unit of currency spent on that good.
Maximize Utility
The economic principle of selecting the option that yields the highest satisfaction or benefit.
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