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E1-37. Applying Financial Statement Relations to Compute Dividends a. Fill in the amounts for the Norfolk Southern statement of changes in retained earnings. Norfolk Southern

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E1-37. Applying Financial Statement Relations to Compute Dividends a. Fill in the amounts for the Norfolk Southern statement of changes in retained earnings. Norfolk Southern Inc. Consolidated Statements of Changes in Retained Income $10,191 Beginning Balance at Dec. 31, 2015 Net income.. Dividends on Common Stock. Share repurchases.. Other. (695) (731) (8) 10,425 5,404 Ending Balance at Dec. 31, 2016. Net income.. Dividends on Common Stock.. Share repurchases. Other... (945) (5) Ending Balance at Dec. 31, 2017. Net income Dividends on Common Stock. Share repurchases. 14,176 2,666 (844) Other.... 81 Ending Balance at Dec. 31, 2018.. $13,440 b. Is it true (or false) that Norfolk Southern purchased its own shares back during each year from 2016 to 2018

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