Rockwell Inc. reported the following results for the year ended June 30, 20Y5:

Retained earnings, July 1, 20Y4	$3,894,000
Net income	716,800
Cash dividends declared	103,900
Stock dividends declared	52,000

Prepare a retained earnings statement for the fiscal year ended June 30, 20Y5. Refer to the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtractive or negative numbers use a minus sign.

Accounts, Labels, and Amount Descriptions

Labels
For the Year Ended June 30, 20Y5
June 30, 20Y5
Accounts and Amount Descriptions
Decrease in retained earnings
Dividends declared
Increase in retained earnings
Issuance of additional common stock
Net income
Net loss
Purchase of treasury stock
Retained earnings, July 1, 20Y4
Retained earnings, June 30, 20Y5

Retained Earnings Statement

Prepare a retained earnings statement for the fiscal year ended June 30, 20Y5. Be sure to complete the statement heading. Refer to the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtractive or negative numbers use a minus sign.

Rockwell Inc.

Retained Earnings Statement

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