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PE 13-7A Rockwell Inc. reported the following results for the year ended June 30, 20Y5 EE 13-7 648 Retained earnings statement OBJ.7 Retained earnings,July 1,20Y4

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PE 13-7A Rockwell Inc. reported the following results for the year ended June 30, 20Y5 EE 13-7 648 Retained earnings statement OBJ.7 Retained earnings,July 1,20Y4 Net income Cash dividends declared Stock dividends declared $3,900,000 714,000 100,000 50,000 Prepare a retained earnings statement for the fiscal year ended June 30, 20Y5

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