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Chapter 1 Static E Help Save&ExitSubmit 9 three investors. J. Doe owns 60 percent of the total xpense, $97000; interest expense, $6,300; advertising stock of

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Chapter 1 Static E Help Save&ExitSubmit 9 three investors. J. Doe owns 60 percent of the total xpense, $97000; interest expense, $6,300; advertising stock of 9,000 shares and is the managing executive in charge. On r 31, the following entire year were determined: s 2.77 points expenses, $9.025n amounting to $12,000 ncome tax expense, $t8.500. Also during the year,the company declared and paid the owners dividends statement. Print Prev 90t 36 Ill Next > Chapter 1 Static Exercises 6 10 Net Income for 2017 Net Income for 2018 Dividends for 2017 Dividends for 2018 Total assets at the end of 2017 Total assets at the end of 2018 40,000 45,000 15,000 20,000 125,000 242,000 2.77 points On the basis of the data given, prepare a statement of retained earnings for both 201 Book Print References Complete this question by entering your answers in the tabs below 2017 Stmt of 2018 Stmt of RE RE On the basis of the data given, prepare a statement of retained earnings for 2017 STONE CULTURE CORPORATION of Retained Earnings Retained Earnings, January 1, 2017 Retained Earnings, December 31, 2017 21

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