Statement of retained earnings Hayes Enterprises began $2021$ with a retained earnings balance of $$923,000.$ During $2021,$ the firm earned $$379,000$ after taxes. From this amount, preferred stockholders were paid $$45,900$ in dividends. At year$-$end $2021,$ the firm's retained earnings totaled $$1,044,000.$ The firm had $143,000$ shares of common stock outstanding during $2021.$

a$.$ Prepare a statement of retained earnings for the year ended December $31,2021,$ for Hayes Enterprises. $($Note: Be sure to calculate and include the amount of cash dividends paid in $2021.)$

b$.$ Calculate the firm's $2021$ earnings per share $($EPS$).$

c$.$ How large a per$-$share cash dividend did the firm pay on common stock during $2021?$

a$.$ Prepare a statement of retained earnings for the year ended December $31,2021,$ for Hayes Enterprises. $($Note: Be sure to calculate and include the amount of cash dividends paid in $2021.)$

The cash dividends paid on common stock are $$.($Round to the nearest dollar.$)$

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F$7$

F$8$

F$9$

F$10$

F$11$

F$12$

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