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

Retained earnings, November 1, 20Y8	$1,823,500
Net income	583,500
Cash dividends declared	176,000
Stock dividends declared	454,000

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

CashNet IncomeNet LossRetained Earnings, October 31, 20Y9Retained Earnings, November 1, 20Y8		$- Select -
CashNet IncomeNet LossRetained Earnings, October 31, 20Y9Retained Earnings, November 1, 20Y8	$- Select -
Accounts ReceivableCashNet LossDividends DeclaredRetained Earnings, October 31, 20Y9	- Select -
Accounts ReceivableCashNet LossDecrease in Retained EarningsIncrease in Retained Earnings		- Select -
CashDividends DeclaredNet LossRetained Earnings, October 31, 20Y9Retained Earnings, November 1, 20Y8		$- Select -