Given is the Income Statement for the year ended December 31, 20XX, Statement of Retained Eamings for the year ende 31, 20XX and Comparative Balance Sheets for 20XW and 20XX of Maris Corporation: $4,200,000 2,550, see 23 neur Ended veceraber 3 20000 Sales Cost of goods sold Gross profits Selling and administrative expense Amortization expense Operating income Interest expense Earnings before taxes Taxes 1,650,000 580,000 240,000 830, eee 47,600 783,000 480,000 Earnings after taxes 303,000 Preferred stock dividends 40,000 $263,000 Earnings available to common shareholders Shares outstanding Earnings per share 131,500 $2.00 Statement of Retained Earnings For the Year Ended December 31, 20XX Retained earnings, balance, January 1, 20xx Add: Earnings available to common shareholders, 2exx Deduct: Cash dividends declared and paid in 2exX $860,000 263,000 150,000 $973,000 Retained carnings, balance, December 31, 20XX Given is the Income Statement for the year ended December 31, 20XX, Statement of Retained Eamings for the year ende 31, 20XX and Comparative Balance Sheets for 20XW and 20XX of Maris Corporation: $4,200,000 2,550, see 23 neur Ended veceraber 3 20000 Sales Cost of goods sold Gross profits Selling and administrative expense Amortization expense Operating income Interest expense Earnings before taxes Taxes 1,650,000 580,000 240,000 830, eee 47,600 783,000 480,000 Earnings after taxes 303,000 Preferred stock dividends 40,000 $263,000 Earnings available to common shareholders Shares outstanding Earnings per share 131,500 $2.00 Statement of Retained Earnings For the Year Ended December 31, 20XX Retained earnings, balance, January 1, 20xx Add: Earnings available to common shareholders, 2exx Deduct: Cash dividends declared and paid in 2exX $860,000 263,000 150,000 $973,000 Retained carnings, balance, December 31, 20XX