Sumter Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2:

Retained earnings, February 1, 20Y1	$560,800
Net income	72,900
Cash dividends declared	13,100
Stock dividends declared	24,800

Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.

Sumter Pumps Corporation
Retained Earnings Statement
For the Year Ended January 31, 20Y2
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