Access the fiscal 2017 10-K for Nike at the SEC's EDGAR database or financial reports (www.sec.gov). Using its consolidated statement of stockholders' equity, prepare a table similar to Exhibit 1.9 showing the articulation of its retained (reinvested) earnings for the year ended May 31,2017. Was Nike more or less profitable in 2018 compared to 2017?

Exhibit 1.9:

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EXHIBIT 1.9 Statement of Stockholders' Equity ($ millions) NIKE Statement of Stockholders' Equity For Year Ended May 31, 2018 Reports amounts over a period of time Other Stockholders Equity Total Contributed Capital Stockholders Equity Retained Earnings Beginning period amounts Balance, May 31, 2017...... Stock issuance.. Net income. $5,713 $6,907 S(213) $12,407 110 110 (28) 1,933 Change in balances over a period 1.933 (1,265) (4,030) Dividends. (1,265) Other changes . 564 121 (3,373) Ending period Balance, May 31, 2018 $6,387 $3,517 $ (92) $9,812 аmounts