Question: Problem 3.29 Oriole Paper Mill, Inc., had, at the beginning of the current fiscal year, April 1, 2016, retained earnings of $322,525. During the year

Problem 3.29 Oriole Paper Mill, Inc., had, at the beginning of the current fiscal year, April 1, 2016, retained earnings of $322,525. During the year ended March 31, 2017, the company produced net income after taxes of $713,175 and paid out 41 percent of its net income as dividends. Construct a statement of retained earnings and compute the year-end balance of retained earnings. (Round answers to 2 decimal places, e.g. 15.25. List items that increase retained earnings first.) Oriole Paper Mill, Inc. Retained Earnings for 2017 Click if you would like to Show Work for this question: Open Show Work

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