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oBJ. 2, 3 PR 17-4B Nineteen measures of solvency and profitability The comparative financial statements of Stargel Inc. are as follows. The market price of

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oBJ. 2, 3 PR 17-4B Nineteen measures of solvency and profitability 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 $4,545,000 925,000 $5,470,000 75,000 900,000 Add net income for year .. .. .. . . . . . . .. . $6275000 70000 Deduct dividends: 50,000 50,000 $ 95,000 $5,375,000 Continued) Total. $6,180,000 Retained earnings, December 31

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