Retained Earnings Statement Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 2012: Retained earnings, February 1, 2011 Net income Cash dividends declared Stock dividends declared $430,500 47,400 8,500 16,100 Prepare a retained earnings statement for the fiscal year ended January 31, 2012. Sumter Pumps Corporation Retained Earnings Statement For the Year Ended January 31, 20Y2 00