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

Retained earnings, July 1, 2015 $3,900,000

Net income, 714,000

Cash dividends declared, 100,000

Stock dividends declared, 50,000

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.