Rockwell Inc. reported the following results for the year ended June 30, 2016:

Retained earnings, July 1, 2015	$3,965,000
Net income	742,000
Cash dividends declared	99,600
Stock dividends declared	48,900

Prepare a retained earnings statement for the fiscal year ended June 30, 2016. Refer to the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers. The word Less is not required.