prep j. Paid cash for 08).2, as follows. The market measures of solvency and profitability ts of Bettancort Inc. are as follows Dr PR 17-4A Nineteen The comparative financial statemen mmon stock was $71.25 on December 31, 2016. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 Bettancort Inc 6.5 of Bettancort Inc. co 2016 2015 $2,655,000 $240 300,000 . . $2,955,000 $268 280000 S 15,000 $1500 10.000 2.930,000 $2,65500 .. .. Add net income for year ........._ . . .. . Deduct dividends: On preferred stock On common stock... . . . . 10,000 $ 25,000 Bettancort lnc Comparative Income Statement For the Years Ended December 31, 2016 and 2015 2016 2015 $1,200,000 $1,000,000 475,000 s 700,000 525,00 240,000 200000 150,000 420,000 350,000 280,000 175,000 225,000 500,000 180,000 ....S 166,000 66,000 80,000 225 s 446,000 4000 60,000 Income before income tax . .. . . .. . . . . 380,000 34000 60,000 s 300,000 $280,000