Amounts of the assets and liabilities Hill of Realty Company, as of January 31, , 2018 are given as follows. Also included are revenue, expense, and selected stockholders' equity figures for the year ended on that date (all amounts in millions):

Data table

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Total revenue. . . . . . . . . . . . . . . . . . . . . .	$25.7	Investment assets (long-term). .	$79.4
Receivables. . . . . . . . . . . . . . . . . . . . . . .	0.5	Property and equipment, net. . .	1.6
Current liabilities. . . . . . . . . . . . . . . . . . .	2.9	Other expenses. . . . . . . . . . . . .	7.6
Common stock. . . . . . . . . . . . . . . . . . . .	39.2	Retained earnings, beginning. .	2.6
Interest expense. . . . . . . . . . . . . . . . . . .	1.5	Retained earnings, ending. . . . .	3.3
Salary and other employee expenses. .	13.7	Cash. . . . . . . . . . . . . . . . . . . . . .	57.2
Long-term liabilities. . . . . . . . . . . . . . . . .	102.6	Other assets (long-term). . . . . .	9.3

Jill Carlson Realty Company
	Balance Sheet
	January 31, 2018
(Millions)

Assets				Liabilities
Cash		$57.2		Current liabilities	$2.9
Receivables		0.5		Long-term liabilities	102.6
Investment assets		79.4		Total liabilities	105.5
Property and equipment, net		1.6
Other assets		9.3		Stockholders' Equity
				Common stock	39.2
				Retained earnings	3.3
				Total stockholders' equity	42.5
Total assets		$148.0		Total liabilities and stockholders' equity	$148.0

1.	Prepare the income statement of Jill Carlson Realty Company for the year ended January 31, 2018.
2.	What amount of dividends did Jill Carlson declare during the year ended January 31, 2018? (Hint: Prepare a statement of retained earnings.)

Jill Carlson Realty Company

Balance Sheet

January 31, 2018

(millions)

Revenue:

Expenses:

Net income (loss)