/courses/86132/assignments/2186302?module_item_id=4838039 The comparative financial statements of Ryan Express, Inc are as follows. The market price of...

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/courses/86132/assignments/2186302?module_item_id=4838039 The comparative financial statements of Ryan Express, Inc are as follows. The market price of Ryan Express stock was $120.80 on December 31, 2020. Ryan Express, Inc. Comparative Statement of Retained Earnings For Years Ended December 31, 2020 and 2019 Retained Earnings, January 1 Add net income for the year Total Deduct Dividends 2020 2019 $5,385,000 $4,549,000 905,000 899,000 6,290,000 5,448,000 On preferred stock On common stock Total 42,000 36,000 47,000 51,000 89,000 87,000 Retained Earnings, December 31 $6,201,000 $5,361,000 Ryan Express, Inc. Comparative Income Statement For Years Ended December 31, 2020 and 2019 2020 2019 Sales (all on account) $10,041,000 $9,459,000 Sales Returns & Allowances 42,000 Net Sales 9,999,000 58,000 9,401,000 Cost of Goods Sold 5,354,000 4,945,000 Gross Profit 9,999,000 4,456,000 Selling Expense Administrative Expense 1,999,000 1,879,000 1,497,000 1,415,000 Q Search LO hp W HEW X /courses/86132/assignments/2186302?module_item_id=4838039 The comparative financial statements of Ryan Express, Inc are as follows. The market price of Ryan Express stock was $120.80 on December 31, 2020. Ryan Express, Inc. Comparative Statement of Retained Earnings For Years Ended December 31, 2020 and 2019 Retained Earnings, January 1 Add net income for the year Total Deduct Dividends 2020 2019 $5,385,000 $4,549,000 905,000 899,000 6,290,000 5,448,000 On preferred stock On common stock Total 42,000 36,000 47,000 51,000 89,000 87,000 Retained Earnings, December 31 $6,201,000 $5,361,000 Ryan Express, Inc. Comparative Income Statement For Years Ended December 31, 2020 and 2019 2020 2019 Sales (all on account) $10,041,000 $9,459,000 Sales Returns & Allowances 42,000 Net Sales 9,999,000 58,000 9,401,000 Cost of Goods Sold 5,354,000 4,945,000 Gross Profit 9,999,000 4,456,000 Selling Expense Administrative Expense 1,999,000 1,879,000 1,497,000 1,415,000 Q Search LO hp W HEW X