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Rockwell Inc. reported the following results for the year ended June 30, 2016: Retained earnings, July 1, 2015 $4,045,000 Net income 713,600 Cash dividends declared
Rockwell Inc. reported the following results for the year ended June 30, 2016:
Retained earnings, July 1, 2015 | $4,045,000 |
Net income | 713,600 |
Cash dividends declared | 99,400 |
Stock dividends declared | 52,300 |
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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