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Rockwell Inc. reported the following results for the year ended June 30, 2016: Retained earnings, July 1, 2015 $3,799,000 Net income 704,900 Cash dividends declared

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

Retained earnings, July 1, 2015 $3,799,000
Net income 704,900
Cash dividends declared 101,900
Stock dividends declared 49,300

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.

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