Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 20Y1 Retained earnings, January 1 Net income 2012 20Y1 $1,411,300 330,000 $1,198,400 245,500 Dividends: On preferred stock (10,500) (10,500) On common stock (22,100) (22,100) Retained earnings, December 31 $1,708,700 $1,411,300