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  1. business
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  3. the lone maple corporation had net income during 2

The Lone Maple Corporation had net income during 2012 of $46,000. During the year, dividends...

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Accounting

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The Lone Maple Corporation had net income during 2012 of $46,000. During the year, dividends of $14,000 were declared, of which $10,000 had been paid as of year end. As of the beginning of 2012, the Paid -in Capital account had a balance of $38,000 and the Retained Earnings account had a balance of $54,000. Prepare the Retained Earnings column for the Statement of Stockholders' Equity for the Lone Maple Corporation for the year ended December 31, 2012

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