Required: Below are approximate amounts related to retained earnings reported by five companies in previous years. 1. A company reports an increase in retained earnings of $1.3 billion and net income of $3.1 billion. What is the amount of dividends? 2. A company reports an increase in retained earnings of $1.5 billion and dividends of $0.7 billion. What is the amount of net income? 3. A company reports an increase in retained earnings of $1.41 billion and net income of $1.41 billion. What is the amount of dividends? 4. A company reports beginning retained earnings of -$1.98 billion, net loss of $0.81 billion, and $0 dividends. What is the amount of ending retained earnings? 5. A company reports ending retained earnings of $1.74 billion, net income of $0.24 billion, and dividends of $0.06 billion. What is the amount of beginning retained earnings? (Enter your answers in billions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign.) $ Dividends Net income 3. Dividends 4. Ending Retained Earnings 5. Beginning Retained Earnings 1.80 billion billion billion billion billion