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Retained Earnings Statement Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3: Retained earnings, January
Retained Earnings Statement
Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended December 31, 20Y3:
Retained earnings, January 1, 20Y3 | $358,900 |
Net income | 43,100 |
Cash dividends declared | 7,800 |
Stock dividends declared | 14,700 |
Prepare a retained earnings statement for the year ended December 31, 20Y3.
Sumter Pumps Corporation | ||
Retained Earnings Statement | ||
For the Year Ended December 31, 20Y3 | ||
$ | ||
$ | ||
$ |
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