Use the following data to prepare a statement of retained earnings for Shepler Corporation. Total retained earnings originally reported at January 1 $421,200 Cash dividends declared during the year 97,500 Net income for the year 250,900 Stock dividends declared during the year 39,000 SHELPER CORPORATION Statement of Retained Earnings For the Year Ended December 31 Answer $Answer 421,200 Add:Answer Answer 250,900 Less:Answer Answer 97,500 Stock Dividends Declared Answer 39,000 Answer 0 Answer $Answer 0