Retained Earnings Statement

Dry Creek Cameras Inc. reported the following results for the year ending October 31, 20Y9:

Retained earnings, November 1, 20Y8	$1,334,500
Net income	360,300
Cash dividends declared	109,000
Stock dividends declared	280,000

Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.

Dry Creek Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 20Y9

CashNet IncomeRetained Earnings, October 31, 20Y9Retained Earnings, November 1, 20Y8		$- Select -
CashNet IncomeRetained Earnings, October 31, 20Y9Retained Earnings, November 1, 20Y8	$- Select -
Accounts ReceivableCashDividends DeclaredRetained Earnings, October 31, 20Y9	- Select -
Accounts ReceivableCashDecrease in Retained EarningsIncrease in Retained Earnings		- Select -
CashDividends DeclaredRetained Earnings, October 31, 20Y9Retained Earnings, November 1, 20Y8		$- Select -