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Brief Exercise 14-4 For the year ending December 31, 2014, Soto Inc. reports net income $140,190 and dividends $84,590. Prepare the retained earnings statement for

Brief Exercise 14-4 For the year ending December 31, 2014, Soto Inc. reports net income $140,190 and dividends $84,590. Prepare the retained earnings statement for the year assuming the balance in retained earnings on January 1, 2014, was $228,200. (List items that increase retained earnings first.) SOTO INC. Retained Eamings Statement For the Year Ended December 31, 2014

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