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 $67 on December 31, 2014. Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2014 and 2013 2014 2013 Retained earnings, January 1 $4,775,250 $4,055,550 830,600 Add net income for year 1,080,400 $5,855,650 $4,886,150 Tota Deduct dividends $14,000 $14,000 on preferred stock 96,900 96,900 On common stock $110,900 Total $110,900 $5,744,750 Retained earnings, December 31 $4,775,250