Net income for the year was $$51,000.$

Required:

$1-$a$.$ Prepare the statement of retained earnings for the year ended December $31.$

$1-$b$.$ Prepare the stockholders' equity section of the balance sheet at December $31.$

$2.$ Determine the number of shares of stock that received dividends.

$3.$ Compute the ROE ratio for the current year, assuming total stockholders' equity was year.