Prepare a statement of retained earnings in proper form for Ember Corporation for the year ended December 31, 20XX, from the following: 
Definitions:
Financing Activities
Actions and decisions related to managing the company's funding structure, including securing loans, issuing stock, and making dividend payments to shareholders.
Direct Method
A financial accounting technique used primarily in the preparation of cash flow statements to present payments and receipts as gross amounts.
Total Assets Ratio
Total assets ratio is a financial metric used to assess a company's efficiency in using its assets to generate revenue.
Net Income
The net income a company earns once all expenses and taxes are subtracted from the total revenue.
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