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Retained Earnings Statement *please answer dividends and change in retained earnings* Noric Cruises Inc. reported the following results for the month ended October 31: Retained

Retained Earnings Statement

*please answer dividends and change in retained earnings*

Noric Cruises Inc. reported the following results for the month ended October 31:

Retained Earnings, October 1 $12,400,000
Net income 2,350,000
Cash dividends declared 175,000
Stock dividends declared 300,000

Prepare a retained earnings statement for the month ended October 31.

Noric Cruises Inc.
Retained Earnings Statement
For the Month Ended October 31
Retained Earnings, October 1 $
Net Income $
Dividends
Change in retained earnings
Retained Earnings, October 31 $

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