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Billkin Company Statement of Retained Earnings For the year ended December 31, Year1 & 2 (dollars in thousands) Year 1 Year 2 Balance, beginning

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Billkin Company Statement of Retained Earnings For the year ended December 31, Year1 & 2 (dollars in thousands) Year 1 Year 2 Balance, beginning of period 5,324.00 Net income 5,324.00 2,300.00 Total 5,324.00 7,624.00 Less: Preferred dividends 224.00 Dividends to common stockholders 1,000.00 Balance, ending of period 5,324.00 6,400.00

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