Messer Company had retained earnings at the beginning of the current year of $680,000. During the year, the following activities occurred .Net income of $88,000 was earned. A cash dividend of $1.30 per share was declared and distributed on the 50,000 shares of common stock outstanding Prepare a statement of retained earnings for the year. MESSER COMPANY Statement of Retained Earnings For Year Ended Retained earnings, beginning of year $ 0 Retained eamings, end of year $ 0 Next >