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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
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 - |
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