Retained Earnings Statement

Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2:

Retained earnings, February 1, 20Y1$391,400Net income43,100Cash dividends declared7,800Stock dividends declared14,700

Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.

CashNet IncomeNet LossRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2Retained Earnings, February 1, 20Y1 $Retained Earnings, February 1, 20Y1CashNet IncomeNet LossRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2Net Income$Net Income CashDividends DeclaredNet LossRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2Dividends DeclaredDividends Declared CashDecrease in Retained EarningsIncrease in Retained EarningsNet IncomeNet LossIncrease in Retained Earnings Increase in Retained EarningsCashDividends DeclaredNet IncomeRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2Retained Earnings, January 31, 20Y2 $Retained Earnings, January 31, 20Y2