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Instructions Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3 Retained earnings, January 1, 20Y3

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Instructions Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3 Retained earnings, January 1, 20Y3 Net income Cash dividends declared Stock dividends declared 8,135,000 980,000 2,526,000 Prepare a retained earnings statement for the year ended December 31, 20Y3. Refer to the lists of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted negative numbers use a minus sign

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