E11-16 (Algo) Preparing a Statement of Retained Earnings and Partial Balance Sheet and Evaluating Dividend Policy [LO 11-3, LO 11-5] The following account balances were selected from the records of beverage maker Blake Corporation at December 31 after all adjusting entrles were completed: Required: 1.a. Prepare the statement of retained eamings for the year ended December 31. 1-b. Prepare the stockholders' equity section of the balance sheet at December 31 . 2. Determine the number of shaires of stock that received dividends. 3. Compute the ROE ratio for the current year, assuming total stockholders' equity was $636,000 on December 31 of the previous year. Prepare the statement of retained earnings for the year ended December 31. Prepare the stockholders' equity section of the balance sheet at December 31. (Amo by a minus sign.) Determine the number of shares of stock that received dividends. Compute the ROE tatio for the current year, assuming total stockholders' equity was $636,000 on December 31 of the previous year. (Round your answer to 1 decimal place.)