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Prepare retained earnings statement Kingbird Corporation has retained earnings of $710,000 at January 1, 2020. Net income during 2020 was $1.592,500, and cash dividends declared

Prepare retained earnings statement
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Kingbird Corporation has retained earnings of $710,000 at January 1, 2020. Net income during 2020 was $1.592,500, and cash dividends declared and paid during 2020 totaled $79,100. Prepare a retained earnings statement for the year ended December 31. 2020. (List items that increase retained earnings first.) KINGBIRD CORPORATION Retained Earnings Statement > $

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