Retained Earnings Statement Dry Creek Cameras Inc. reported the following results for the month ending October 31: Retained earnings, October 1 $1,080,500 Net income 367,400 Cash dividends declared 111,000 Stock dividends declared 286,000 Prepare a retained earnings statement for the fiscal year ended October 31. Dry Creek Cameras Inc. Retained Earnings Statement For the Month Ended October 31