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Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended Jan.31, 2016 Retained earnings, Feb. 1, 2015 64,493,000 Net
Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended Jan.31, 2016
Retained earnings, Feb. 1, 2015 64,493,000
Net income 7,841,000
Cash dividends declared 1,053,000
Stock dividends declared 2,818,000
Prepare a retained earnings statement for the fiscal year ended Jan. 31, 2016. Refer to the lists of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers
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