Question: Please help! are my numbers correct? what should i fill in for stock dividends declared? Statement of Retained Earnings Use the following data to prepare

Please help! are my numbers correct? what should i fill in

Please help! are my numbers correct? what should i fill in for stock dividends declared?

Statement of Retained Earnings Use the following data to prepare a statement of retained earnings for Schauer Corporation. Total retained earnings originally reported as of January 1 $624,600 Stock dividends declared during the year 50,400 Cash dividends declared during the year 63,000 Net income for the year 169,200 $ 624600 Note: Do not use negative signs with your answers. SCHAUER CORPORATION Statement of Retained Earnings For the Year Ended December 31 Retained Earnings, January 1 Add: Net Income Less: Cash Dividends Declared (63,000) Stock Dividends Declared (50,400) Retained Earnings, December 31 $ Please answer all parts of the question. 169200 0 679800

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