Retained Earnings Statement Willow Wanderer Cameras Inc. reported the following results for the year ending October 31, 2019: Retained earnings, November 1, 2048 $2,196,500 680,900 Net income Cash dividends declared Stock dividends declared 50,000 127,000 Prepare a retained earnings statement for the fiscal year ended October 31, 2019. Willow Wanderer Cameras Inc. Retained Earnings Statement For the Year Ended October 31, 2019 Retained Earnings, November 1, 2018 Net Income Dividends Declared Increase in Retained Earnings Retained Earnings, October 31, 2019