Statement of Retained Earnings Use the following data to prepare a statement of retained earnings for Shepler Corporation. Total retained earnings originally reported at January 1 $486,000 Cash dividends declared during the year 112,500 Net income for the year 289,500 Stock dividends declared during the year 45,000 Note: Do not use negative signs with any of your answers. SHELPER CORPORATION Statement of Retained Earnings For the Year Ended December 31 0 0 0 Add: Less: Stock Dividends Declared 0 0 e $ 0 Please answer all parts of the