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 $ 52 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Retained earnings, January 1 Net income Total Dividends $ 1,666,050 358,800 $ 1,963,050 $ 1,408,450 288,500 $ 1,696,950 On preferred stock On common stock Total dividends 6,300 24,600 30,900 $1,993,950 $6,300 24,600 $ 30,900 $1,666,050 Retained earnings, December 31