Flag question QUESTION 5 Partially correct Mark 1.47 out of 2.10 Statement of Retained Earnings Use the following data to prepare a statement of retained earnings for Shepler Corporation Financial Total retained earnings originally reported at january 1 Cash dividends declared during the year Net income for the year Stock dividends declared during the year $356,400 82,500 212,300 33,000 er er 2 er 3 er 4 SHELPER CORPORATION Statement of Retained Earnings For the Year Ended December 31 er 5 Retained Earnings, January 1 356,400 er 6 Add: Net tricome 212,300 er 7 Less: Cesh Dividends Declared (82,500) ter 8 (33,000) X Stock Dividends Declared ter 9 453,200 Retained Earnings, December ter 10 ter 11 E Menu QUESTION 6 Partially correct Mark 225 out of 3.0o Flag uestion ACCT211:001-Flnancial Dividend Distribution Gardner Corporation began business on june 30, 2013. At that time, it issued 18,000 shares of $50 par value, six percent, cumulative preferred stock and 90,000 shares of $10 par value common stock. Through the end of 2015, there had been no change in the number of preferred and common shares outstanding Required Grades Chapter 1 a. Assume that Gardner declared dividends of $63,000 in 2013, s0 in 2014, and $378,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015. Round to two decimal places. Chapter 2 Chapter 3 Chapter 4 chapter 5 Chapter 6 Chapter 7 Chapter8 Chapter 9 Preferred Year Stock Common Stock Preferred per share Common per share 2013 54,000 2014 2015 378,000 b. Assume that Gardner dedared dividends of $0 in 2013, $108,000 in 2014. and $189,000 in 2015. Calculate the total dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015. Round to two decimal places Chapter 10 Chapter 11 Appendix E Common Stock Common Year Stock per share per share 2013. 5 2014 108,000 54,000 h Live Hertha 2015 135,000 Y