Retained Earnings Statement Willow Wanderer Cameras Inc. reported the following results for the month ending October 31: Retained earnings, October 1 $1,003,000 Net income 411,200 Cash dividends declared 40,000 Stock dividends declared 104,000 Prepare a retained earnings statement for the fiscal year ended October 31. Willow Wanderer Cameras Inc. Retained Earnings Statement For the Month Ended October 31