On September $15,2024,$ MD Soccer Academy declares a quarterly cash dividend of $$0\mathrm{.}10$ per share payable on October $10,2024$ to all stockholders of record on October $7,2024.$ On December $15,2024,$ MD Soccer declares a quarterly cash dividend of $$0\mathrm{.}10$ per share payable on January $10,2025$ to all stockholders of record on January $7,2025.$ The company has $400,000$ shares outstanding.

Required:

Compute the total dividends declared for the year ended December $31,2024.$

Compute the total dividends paid for the year ended December $31,2024$

Assuming net income of $$63,000$ and a beginning balance in retained earnings of $$1,060,000,$ determine the balance of retained earnings as of the year ended December $31,2024.$

$\backslash$table$[[$Total dividends declared,$],[$Total dividends paid,$],[$Retained Earnings, end of period,$]]$