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Instructions The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.80 on December 31, 20Y2 Marshall

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Instructions The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.80 on December 31, 20Y2 Marshall Inc Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 3,712,000.00 $3,262.000.00 560,000.00 4,303,000.00 $3,822000.00 Retained earnings, January 1 3 Net income 591,000.00 Total s Dividends On preferred stock On common stock Total dividends 1000000$10,000.00 100,000.00 $110,000.00 S110,000.00 100,000.00

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