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Pag question Applying Financial Statement Relations to Compute Dividends a. Fill in the amounts for the Norfolk Southern statement of changes in retained earnings

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Pag question Applying Financial Statement Relations to Compute Dividends a. Fill in the amounts for the Norfolk Southern statement of changes in retained earnings Note: Use negative signs with your answers, when appropriate Norfolk Southern Inc. Consolidated Statements of Changes in Retained Income Beginning Balance at Dec 31, 2015 Net income $12.229 Dividends on Common Stock (834) Share repurchases 1877 Other (101 Ending Balance at Dec. 31, 2016 12.510 Net income 485 Dividends on Common Stock 0 Share repurchases (1,134) Other (6) Ending Balance at Dec. 31, 2017 17.011 Net income 3.199 Dividends on Common Stock Share repurchases Other Ending Balance at Dec 31, 2018 (1,013) 97 $16.128 b. is it true (or false) that Norfolk Southern purchased its own shares back during each year from 2016 to 2018?

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