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Dry Creek Cameras Inc. reported the following results for the year ending October 31, 20Y9: Retained earnings, November 1, 20Y8 $1,257,000 Net income 364,500 Cash

Dry Creek Cameras Inc. reported the following results for the year ending October 31, 20Y9:

Retained earnings, November 1, 20Y8 $1,257,000
Net income 364,500
Cash dividends declared 110,000
Stock dividends declared 283,000

Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.

Dry Creek Cameras Inc.
Retained Earnings Statement
For the Year Ended October 31, 20Y9
$
$
$

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