16 of 25 < > View Policies -/4 Current Attempt in Progress On January 1, 2025, Larkspur Corporation had Retained Earnings of $560,000. During the year, Larkspur had the following selected transactions: A 2-for-1 stock split involving the issue of 179,200 shares of $5 par value common stock for 89,600 shares of $10 par value common stock. 1. Declared stock dividends of $35,840. 2. Declared cash dividends of $44,800. 3. 4. Suffered a net loss of $71,680. Prepare a retained earnings statement for the year. LARKSPUR CORPORATION Retained Earnings Statement > CA $ $ $