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Please solve ASAP. Income Statement, Lower Portion following events also occurred: $40,800...

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Accounting

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Income Statement, Lower Portion following events also occurred: $40,800 was incurred on the sale of Division M. 2. Cameron had 14,000 shares of common stock outstanding during all of 2019 . It declared and paid a $3 per share cash dividend on this stock. Required: Assuming that all the pretax items are subject to a 30% income tax rate: 2. Prepare an accompanying statement of retained earnings for the year ended December 31,2019. CAMERON COMPANY

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