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 $356,400 Cash dividends declared during the year 82,500 Net income for the year 212,300 Stock dividends declared during the year 33,000 Note: Do not use negative signs with any of your answers. SHELPER CORPORATION Statement of Retained Earnings For the Year Ended December 31 Add: Less: Stock Dividends Declared