Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 52 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 2012 20Y1 Retained earnings, January 1 Net income $923,900 $784,300 193,200 160,600 Dividends: On preferred stock (6,300) (6,300) On common stock. (14,700) (14,700) Retained earnings, December 31 $1,096,100 $923,900