Relationships Among the Financial Statements The following information for Kellman Inc. is available at the end of the year. Total assets on Jan. 1 $72,900 Common stock on Jan. 1 Total assets on Dec. 31 78,400 Common stock on Dec. 31 Total liabilities on Jan. 1 12,100 Net Income for the year Total llabilities on Dec. 31 9,800 $50,000 50,000 14,600 Required: Calculate the amount of dividends declared reported on the retained earnings statement