Brunswick Corporation reported the following amounts in various statements included in its 2008 annual report. (All amounts are stated in millions of dollars.)

Net loss for 2008 . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 788.1

Cash dividends declared and paid in 2008 . . . . . . . . 4.4

Retained earnings, December 31, 2007 . . . . . . . . . .1,888.4

Retained earnings, December 31, 2008 . . . . . . . . . .1,095.9

Required

1. Prepare a statement of retained earnings for Brunswick Corporation for the year ended December 31, 2008.

2. Brunswick does not actually present a statement of retained earnings in its annual report. Instead, it presents a broader statement of shareholders’ equity. Describe the information that would be included on this statement that is not included on a statement of retained earnings.