Grace Period: 9 days left Register Now Parrino, Essentials of Corporate Finance, le Assignment Gradebook ORION FULL SCREEN PRINTER TER VERSION BACK NEXT Question 9 Your answer is partially correct. Try again Eau Claire Paper Mill, Inc., had, at the beginning of the current fiscal year, April 1, 2012, retained Gamings of $327,650. During the year ended March 31, 2013, the company produced net income after taxes of 5713,275 and paid out 49 percent of its net income as dividends. Construct a statement of retained earnings and compute the year-end balance of retained earnings. (Round answers to 2 decimal places.. 15.25.) Eau Claire Paper MIM, Inc. Retained Earnings ce of Retained Earnings, Arl 1, 2012 Add D ot Income, 2013 Dividends to common cho ce of Bin Ein March 31, 2013 AVE FOR LATER Question Attempts: 1 of use E RE r u o