Please, help with this

Bancroft Corporation, a manufacturer of industrial pumps, reports the following results for the year ending October 31, 2014:

Retained earnings, November 1, 2013	$379,700
Net income	49,400
Cash dividends declared	8,900
Stock dividends declared	16,800

Prepare a retained earnings statement for the fiscal year ended October 31, 2014.

Bancroft Corporation Retained Earnings statement For the Year Ended october 31, 2014 Retained Earnings, November 49,400 8,900 Less Dividends Declared Increase in Retained Earnings Retained Earnings, October 3 379,700 58300 403400