10. Hawkeye, Inc. had beginning retained eamings of $340,000 on January 1, 2024. During the year, Hawkeye declared and paid $130,000 of cash dividends and eamed $150,000 of net income. Prepare a statement of retained eamings for Hawkeye, Inc. for the year ended December 31, 2024. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal