Measures of liquidity, Solvency and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 67 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 s2,224,700 482,800 $2,707,500 $ 1,889,800 387,100 2,276,900 On preferred stock On common stock Total dividends $ 6,300 45,900 s52,200 $ 2,655,300 $ 6,300 45,900 $ 52,200 s 2,224,700 Retained earnings, December 31