Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $57 on December 31, 2016. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 2015 2016 $1,325,300 Retained earnings, January 1 $1,562,100 Add net income for year 271,400 350,400 $1,596,700 $1,912,500 Total Deduct dividends $11,200 on preferred stock $11,200 23,400 On common stock 23,400 Total $34,600 $34,600 $1,877,900 $1,562,100 Retained earnings, December 31