Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal...

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Accounting

Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2014, 2015, and 2016.

RENN-DEVER CORPORATION
Statements of Retained Earnings
For the Years Ended December 31 2016 2015 2014
Balance at beginning of year $ 7,063,292 $ 5,629,052 $ 5,754,552
Net income (loss) 3,321,700 2,370,900 (125,500)
Deductions:
Stock dividend (59,100 shares) 255,000
Common shares retired, September 30 (120,000 shares) 225,660
Common stock cash dividends 902,950 711,000 0
Balance at end of year $ 9,227,042 $ 7,063,292 $ 5,629,052
At December 31, 2013, paid-in capital consisted of the following:
Common stock, 2,090,000 shares at $1 par, $ 2,090,000
Paid in capitalexcess of par 7,550,000

No preferred stock or potential common shares were outstanding during any of the periods shown.

year numerator/denominator=earnings per share

2014

2015

2016

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