Requirement 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Goldstein's net income for the year was $90,000. Enter any increases in retained earnings prior to the subtotal and any decreases to retained earnings below the subtotal. (Check your spelling carefully and do not abbreviate.) Goldstein Management Consulting, Inc. Statement of Retained Earnings Year Ended December 31, 2024 Data table Paid-In Capital: Stockholders' Equity Common Stock-$10 Par Value; 350,000 shares authorized, 32,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity - Requirements 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2024. Assume Goldstein's net income for the year was $90,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. Print Done - Feb. 6 320,000 330,000 Declared a 15% stock dividend on common stock. The market value of Goldstein's stock was $25 per share. Feb. 15 Distributed the stock dividend. Jul. 29 Purchased 2,300 shares of treasury stock at $25 per share. 650,000 160,000 Nov. 27 Declared a $0.10 per share cash dividend on the common stock outstanding. 810,000