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Use the following data to prepare the 2014 retained earnings reconciliation for Bamber Company. Total retained earnings, December 31, 2013 $347,000 Stock dividends declared and

Use the following data to prepare the 2014 retained earnings reconciliation for Bamber Company.

Total retained earnings, December 31, 2013

$347,000

Stock dividends declared and paid in 2014

28,000

Cash dividends declared and paid in 2014

35,000

Net income for 2014

94,000

Hint: Do not use negative signs with your answers.

BAMBER COMPANY

Statement of Retained Earnings

For the Year Ended December 31, 2014

Retained earnings, December 31, 2013

$

Answer

Add:

Answer

Cash dividends declaredStock dividends declaredNet income

Answer

Answer

Less:

Cash dividends declared

$

Answer

Answer

Stock dividends declaredCash dividends declaredNet income

Answer

Answer

Retained earnings, December 31, 2014

$

Answer

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