Retained Earnings Statement

Zippy Zap Cameras Inc. reported the following results for the year ending October 31, 20Y9:

Retained earnings, November 1, 20Y8	$1,141,500
Net income	445,200
Cash dividends declared	49,000
Stock dividends declared	125,000

Prepare a retained earnings statement for the fiscal year ended October 31, 20Y9.

Zippy Zap Cameras Inc.
Retained Earnings Statement
For the Year Ended October 31, 20Y9
		$
	$
		$