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Retained Earnings- not correct

Frequent Explorer ***

Retained Earnings- not correct


I have a client that I believe the retained earnings are not correct. Opened the business in 2017

Net Income for 2017 $3574.72

Net Income for 2018  $10736.27

Owner Draw 2017  $3565.87

Owner Draw 2018 $9690.00

Retained Earnings 2017 $0

Retained Earnings 2018  $8.85, should't this amount be larger?

On 1/1/18 I  credited owners draw  and debited retained earnings for $3565.87. What should the retained earnings be and how can I correct this? I am not sure what happened.

Thank you.