Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020, and 2021. Balance at beginning of year Net income (loss) Deductions: Stock dividend (50,700 shares) RENN-DEVER CORPORATION Statements of Retained Earnings Common shares retired, September 30 (160,000 shares) Common stock cash dividends Balance at end of year At December 31, 2018, paid-in capital consisted of the following: Common stock, 1,850,000 shares at $1 par Paid in capital-excess of par $1,850,000 7,460,000 2019 For the Years Ended December 31 2021 2020 $6,902,192 $5,539,952 $5,664,552 3,312,700 2,280,900 (124,600) 246,000 216,660 893,950 $9,074,942 702,000 $6,902,192 $5,539,952 No preferred stock or potential common shares were outstanding during any of the periods shown.