Question: E 4 - 1 5 ( LO 6 ) ( Statement of Retained Earnings ) Zambrano Corporation, a private company, began operations on January 1

E4-15(LO 6)(Statement of Retained Earnings) Zambrano Corporation, a private company, began operations on January 1,2020. During its first three years of
operations, Zambrano reported net income and declared dividends as follows:
The following information is for 2023:
Instructions
Prepare a 2023 statement of retained earnings for Zambrano. The company follows ASPE.
 E4-15(LO 6)(Statement of Retained Earnings) Zambrano Corporation, a private company, began

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