Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year...
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Accounting
Pressure Pumps Corporation, a manufacturer of industrial pumps, reports the following results for the year ended January 31, 20Y2:
| Retained earnings, February 1, 20Y1 | $347,900 |
| Net income | 41,700 |
| Cash dividends declared | 7,500 |
| Stock dividends declared | 14,200 |
Prepare a retained earnings statement for the fiscal year ended January 31, 20Y2.
| CashNet IncomeNet LossRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2 | $- Select - | |
| CashNet IncomeNet LossRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2 | $- Select - | |
| CashDividends DeclaredNet LossRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2 | - Select - | |
| CashDecrease in Retained EarningsIncrease in Retained EarningsNet IncomeNet Loss | - Select - | |
| CashDividends DeclaredNet IncomeRetained Earnings, February 1, 20Y1Retained Earnings, January 31, 20Y2 | $- Select - |
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