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Comparative statements of retained earnings for Renn-Dever Corporation were reported in its 2016 annual report as follows. At December 31, 2013, common shares consisted of

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Comparative statements of retained earnings for Renn-Dever Corporation were reported in its 2016 annual report as follows. At December 31, 2013, common shares consisted of the following: Infer from the reports the events and transactions that affected Renn-Dever Corporation's retained earnings during 2014, 2015 and 2016. Prepare the journal entries that reflect those events and transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record transfer of net loss to retained earnings. Record transfer of net income to retained earnings. Record repurchase of shares for retirement. Record declaration of cash dividend. Record payment of cash dividend. Record transfer of net income to retained earnings. Record issue of stock dividend. Record declaration of cash dividend. Record payment of cash dividend

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