question 12.

Oriole Corporation has retained earnings of $ 705,900 at January 1, 2020. Net income during 2020 was $ 1,436,900, and cash dividends declared and paid during 2020 totaled $ 78,400. Prepare a retained earnings statement for the year ended December 31, 2020. (List items that increase retained earnings first.)

ORIOLE CORPORATION Retained Earnings Statement choose the accounting period December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020
select an opening name Cash DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues	$ enter a dollar amount
select between addition and deduction AddLess: select an item Cash DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues	enter a dollar amount
	enter a subtotal of the two previous amounts
select between addition and deduction AddLess: select an item Cash DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues	enter a dollar amount
select a closing name Cash DividendsExpensesNet Income / (Loss)Retained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues	$ enter a total amount