Steadman Company (I did year 1 for you, you fill in blue) Beginning retained earnings for 2019 is ZERO (it's a new business) net income for 2019 40000 dividends for 2020 20000 net income for 2020 45000 total assets at end of 2019 125000 dividends for 2019 15000 total assets at end of 2020 242000 PREPARE A STMT OF RETAINED EARNINGS FOR 2019 AND 2020 "Steadman Company Statement of Retained Earnings For the Year Ended 12.31.2019" "Steadman Company Statement of Retained Earnings For the Year Ended 12.31.2020" Beginning RE - Net Income 40,000 Dividends (15,000) Ending Retained Earnings 25,000