Nineteen Measures of Solvency and Profitability PR 15-4B OBJ 2, 3 The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel Inc. common stock was $119.70 on December 31, 2014 Stargel Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2014 and 2013 2014 2013 Retained earnings, January 1 $5,375,000 $4,545,000 Add net income for year 900,000 925,000 Total $6,275,000 $5.470,000 Deduct dividends: On preferred stock S 45,000 45,000 50,000 50.000 On common stock. 95,000 95,000 Total Retained earnings, December 31 $6,180,000 $5,375,000 EET