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Question 5 (of 6 Stone Culiture Corporation was organized on January 1, 2014. For is first two years of operations, i reported the following Net

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Question 5 (of 6 Stone Culiture Corporation was organized on January 1, 2014. For is first two years of operations, i reported the following Net Income for 2014 Net Income for 2015 Dividends for 2014 Dividends for 2015 Total assets at the end of 2014125,000 Total assets at the end of 2015 242,000 S40,000 45,000 15,000 20,000 On the basis of the data given, prepare a statement of retained earnings for 2014 (ts fist year of operations) and 2015 STONE CULTURE COR Statement of Retained Earnings Statement of Retained Eamings 20.000 Retained Eamings, January 1, 2015 Retained Earnings, January 1, 2014 5 29000 Retained Earnings, December 31, 2ns 20,000 Retained Earnings, December 31, 2014 eBook & Resources References Difficuty 1 Easy Finaneial 1 Synchr..doc

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