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Retained earnings, Deber 31, 2019 Decrease in total liabilities during 2018 the sale of buildings during 201S Dividends declared and paid in 2019 Proceeds

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Retained earnings, Deber 31, 2019 Decrease in total liabilities during 2018 the sale of buildings during 201S Dividends declared and paid in 2019 Proceeds from sale of com stock in 2019 36,640 12,880 3,600 39,520 Net Income for the year ended December 31, 2019 10,000 Required: From the above data, calculate the retained earnings balance as of December 31, 2018. (Enter decreases with a minus sign to indicate a negative financial statement effect.) Statement of Stockholders' Equity (Partial) For Year Ended December 31, 2019) Retained eamings, December 31, 2018 Retained eamings, December 31, 2019

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