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Pint Item Nineteen Measures of Solvency and Profitability The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common

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Pint Item 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 $61 on December 31, 2016. Blige Inc. Compa rative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 016 2015 Retained earnings, January 1 Add net income for year Total Deduct dividends $1,313,300 $1,118,800 288,000 229,100 $1,601,300 $1,347,900 On preferred stock $9,100 25,500 34,600 $1,566,700 9,100 25,500 $34,600 $1,313,300 On common stock Total Retained earnings, December 31 Blige Inc. Comparative Income Statement For the Years Ended December 31, 2016 and 2015

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