Question: Retained earnings statement Instructions Accounts, Labels, and Amount Descriptions ftstructions Rockwell Inc. reported the following results for the year ended June 30, 2016: Retained earnings,

 Retained earnings statement Instructions Accounts, Labels, and Amount Descriptions ftstructions Rockwell

Retained earnings statement Instructions Accounts, Labels, and Amount Descriptions ftstructions Rockwell Inc. reported the following results for the year ended June 30, 2016: Retained earnings, July 1, 2015 Net income Cash dividends declared Stock dividends declared $3,900,000 714,000 100,000 50,000 Prepare a retained earnings statement for the fiscal year ended June 30, 2016. Refer to the lists of Accounts, Labels, and Amount Descriptions provided for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers. The word "Less" is not required

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