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Instructions Rockwell Inc reported the following results for the year ended June 30, 2015 Retained earnings, July 1, 2044 Net income Cash dividends declared $3,900,000 714,000 100,000 50 000 Stock dividends declared Prepare a retained earnings statement for the fiscal year ended June 30, 2075 Refer to the list of Accounts, Label and Amount Deskton proided the cast of the choices for text entries For those boxes in which you must enter subtractive or negative numbers use a minus Retained earnings statement Instructions Accounts Label and Amount Descriptions Retained Earnings Statement Retained Earnings Statement Prepare a relained earings statement for the fiscal year ended June 30, 2015 Be sure to complete the statement heading R provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtractive or Rockwell Inc Score: 25/49 Accounts, Labels, and Amount Descriptions Labels For the Year Ended June 30, 2015 June 30, 2015 Accounts and Amount Descriptions Decrease in retained earnings Dividends declared Increase in retained earnings Issuance of additional common stock Retained Earnings Statement (L.abol) Retained earnings, July 1, 2014 $3,900,000.00 2 Net income $714,000.00 Net income Net loss 564,000.00 For the Year Ended June 30, 2045 $4,464,000.00 Purchase of treasury stock Retained earnings, July 1, 2014 Retained earnings, June 30, 2045 Check My Work Pr All work saved Email instructor Save and East Subin n Hi

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