Measures of liquidity, Solvency and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 55 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 2011 Retained earnings, January 1 Net income 2012 2011 $1,932,300 $1,627,500 444,000 $2,376,300 333,400 $1,960,900 Total Dividends On preferred stock On common stock Total dividends $5,600 23,000 $28,600 Retained earnings, December 31 $2,347,700 $5,600 23,000 $ 28,600 $1,932,300