Pippin, Inc. had beginning retained earnings of $ on January During the year, Pippin, Inc. declared and paid $ of cash dividends and earned $ of net income. In addition, th company reports on January shares of common stock at a par value of $ per share. The company issued this stock at par value, and there were no additional changes in common stock throughout the year. Prepare a statement of retained earnings and statement of stockholders' equity for Pippin, Inc. for the year ende becember
tabletablePippin Inc.Statement of Retained EarningsYear Ended December Retained Earnings, January $Net income for the year,,Dividends declared,,