10. Sjostrom, Inc had beginning wethined eamings of 5250,000 on January 1,2024. During the year, Spsstrom doclared and paid $170,000 of cish dividends and eained 5230,000 of net income Prepare a staboment of ratuned earings for Spostrom, inc for the yoar ended Decenber 31, 2024