The following account balances were selected from the records of beverage maker Blake Corporation at December 31, 2013, after all adjusting entries were completed:

The following account balances were selected from the records of beverage maker Blake Corporation at December 31 after all adjusting entries were completed: Common stock (par $15; authorized 1ee, eee shares, issued 30,000 shares, of which 1,000 shares are held as treasury stock) Additional paid-in capital-common stock Dividends Retained earnings, beginning of year Treasury stock at cost (1,eee shares) $450, eee 175, eee 23,00 71, see 20, eee Net Income for the year was $40,500. Required: 1-a. Prepare the statement of retained earnings for the year ended December 31. 1-b. Prepare the stockholders' equity section of the balance sheet at December 31. 2. Determine the number of shares of stock that received dividends. 3. Compute the ROE ratio for the current year, assuming total stockholders' equity was $624,000 on December 31 of the previous year. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2 Reg 3 Prepare the stockholders' equity section of the balance sheet at December 31. (Amounts to be deducted should be indicated by a minus sign.) BLAKE CORPORATION Balance Sheet (Excerpt) At December 31 Stockholders' Equity Contributed Capital: Common Stock Additional Paid-In Capital, Common Stock $ 450,000 175.000 Total Contributed Capital 625.000 Total 625.000 Total Stockholders' Equity $ 625,000 Reg 1A Reg 1B Reg 2 Reg 3 Compute the ROE ratio for the current year, assuming total stockholders' equity was $624,000 on December 31 of the previous year. (Round your answer to 1 decimal place.) ROE Ratio 96