Honey Mill Cameras Inc. reported the following results for the year ending October 31, 20Y9:

Retained earnings, November 1, 20Y8	$2,458,500
Net income	1,057,200
Cash dividends declared	107,000
Stock dividends declared	274,000

Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.

Honey Mill Cameras Inc.
Retained Earnings Statement
For the Year Ended October 31, 20Y9
Retained Earnings, November 1, 20Y8		$fill in the blank 2
Net Income	$fill in the blank 4
Dividends Declared	fill in the blank 6
Increase in Retained Earnings		fill in the blank 8
Retained Earnings, October 31, 20Y9		$fill in the blank 10