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table [ [ Depreciation , 7 0 , ] , [ Property taxes, 2 0 , ] , [ Patent amortization, 3 0 ,

\table[[Depreciation,70,],[Property taxes,20,],[Patent amortization,30,],[Miscellaneous expenses,10,],[Interest,30,2,150],[Income before income taxes,,1,620],[Income taxes,,810],[Net income,,810],[Retained earnings-Jan. 1,2020,,340],[,1,150],[Stock dividend declared and issued,,630],[Retained earnings-Dec. 31,2020,,$520Current Attempt in Progress
Stellar Company has not yet prepared a statement of cash flows for the 2020 fiscal year. Comparative balance sheets as of December 31,2019 and 2020, and a statement of income and retained earnings for the year ended December 31,2020, are presented as follows.
\table[[\table[[STELLAR COMPANY],[STATEMENT OF INCOME AND RETAINED EARNINGS],[FOR THE YEAR ENDED DECEMBER 31,2020],[($000 OMITTED)]]],[Sales revenue,,$3,770
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