Nash Corporation has retained earnings of $722,500 at January 1, 2020. Net income during 2020 was $1,513,900,

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Nash Corporation has retained earnings of $722,500 at January 1, 2020. Net income during 2020 was $1,513,900, and cash dividends dedared and paid during 2020 totaled $81.200. Prepare a retained earnings statement for the year ended December 31. 2020. (List Items that increase retained earnings first) NASH CORPORATION Retained Earnings Statement

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Nash Corporation has retained earnings of $722,500 at January 1, 2020. Net income during 2020 was $1,513,900,

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