The comparative financial statements of Blige Inc. are as follows. The market price of Blige Inc. common stock was $53 on December 31, 2016.

Already have some of the problem completed just looking for help on the rest of it. Make sure answers are rounded to one decimal place unless its for cash then round to nearest cent.

Blige Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2016 and 2015 2016 Retained earnings, January 1 $2,489,825 Add net income for year 524,400 Total $3,014,225 Deduct dividends $7,000 On preferred stock 37,050 On common stock Total $44,050 $2,970,175 Retained earnings, December 31 2015 $2,103,075 430,800 $2,533,875 $7,000 37,050 $44,050 $2,489,825