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Noric Cruises Inc. reported the following results for the month ended October 31: Retained earnings, October 1 $3,965,000 Net income 742,000 Cash dividends declared 99,600

Noric Cruises Inc. reported the following results for the month ended October 31: Retained earnings, October 1 $3,965,000 Net income 742,000 Cash dividends declared 99,600 Stock dividends declared 48,900 Prepare a retained earnings statement for the month ended October 31. Refer to the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign

Labels
For the Month Ended October 31
October 31
Accounts and Amount Descriptions
Change in retained earnings
Dividends
Issuance of additional common stock
Net income
Net loss
Purchase of treasury stock
Retained earnings, October 1
Retained earnings, October 31

Noric Cruises Inc.

Retained Earnings Statement

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