Retained Earrings 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 $563,600 Net income 62,000 Cash dividends declared 11,200 Stock dividends declared 21,100 Prepare a retained earnings statement for the fiscal year ended January 31, 2012 Surter Pumps Corporation Retained Earnings Statement For the Year Ended January 31, 2012