Statement of Retained Earnings Use the following data to prepare a statement of retained earnings for Schauer Corporation. Total retained earnings originally reported as of January 1 $624,600 Stock dividends declared during the year 50,400 Cash dividends declared during the year 63,000 Net income for the year 169,200 Note: Do not use negative signs with your answers. SCHAUER CORPORATION Statement of Retained Earnings For the Year Ended December 31 $ 0 Add: 0 0 Less: Stock Dividends Declared 0 0 $ 0 Please answer all parts of the