See Table showing financial statement data and stock price data for Mydeco Corp.

Income Statement	2012	2013	2014	2015	2016
Revenue	394.1	363.7	422.9	508.6	605.8
Cost of Goods Sold	(187.5)	(175.1)	(204.5)	(243.4)	(297.7)
Gross Profit	206.6	188.6	218.4	265.2	308.1
Sales and Marketing	(67.6)	(66.4)	(81.4)	(101.9)	(125.0)
Administration	(58.9)	(57.2)	(57.5)	(65.6)	(78.7)
Depreciation & Amortization	(29.1)	(28.0)	(32.4)	(40.2)	(40.6)
EBIT	51	37	47.1	57.5	63.8
Interest Income (Expense)	(33.5)	(31.8)	(31.3)	(36.2)	(37.5)
Pretax Income	17.5	5.2	15.8	21.3	26.3
Income Tax	(6.1)	(1.8)	(5.5)	(7.5)	(9.2)
Net Income	11.4	3.4	10.3	13.8	17.1
Shares outstanding (millions)	56.3	56.3	56.3	56.3	56.3
Earnings per share	$0.20	$0.06	$0.18	$0.25	$0.30
Balance Sheet	2012	2013	2014	2015	2016
Assets
Cash	48.7	71.5	91.9	87.7	95.8
Accounts Receivable	89.1	69.4	70.6	78.2	84.6
Inventory	34.9	30.1	29.4	30.6	35.6
Total Current Assets	172.7	171	191.9	196.5	216
Net Property, Plant & Equip.	243.5	240.3	313.3	344.2	346.1
Goodwill & Intangibles	362.4	362.4	362.4	362.4	362.4
Total Assets	778.6	773.7	867.6	903.1	924.5
Liabilities & Stockholders' Equity
Accounts Payable	18.8	17.2	23.8	27.4	31.1
Accrued Compensation	6.7	6.3	7.1	7.6	10.5
Total Current Liabilities	25.5	23.5	30.9	35	41.6
Long-term Debt	497.4	497.4	573.1	599.8	599.8
Total Liabilities	522.9	520.9	604	634.8	641.4
Stockholders' Equity	255.7	252.8	263.6	268.3	283.1
Total Liabilities & Stockholders' Equity	778.6	773.7	867.6	903.1	924.5
Statement of Cash Flows	2012	2013	2014	2015	2016
Net Income	11.4	3.4	10.3	13.8	17.1
Depreciation & Amortization	29.1	28	32.4	40.2	40.6
Chg. in Accounts Receivable	3.9	19.7	-1.2	(7.6)	(6.4)
Chg. in Inventory	(2.9)	4.8	0.7	(1.2)	(5.0)
Chg. in Pay. & Accrued Comp.	1.8	(2.0)	7.4	4.1	6.6
Cash from Operations	43.3	53.9	49.6	49.3	52.9
Capital Expenditures	(24.1)	(25.0)	(98.8)	(74.1)	(38.9)
Cash from Investing Activ.	(24.1)	(25.0)	(98.8)	(74.1)	(38.9)
Dividends Paid	(6.1)	(6.1)	(6.1)	(6.1)	(5.9)
Sale (or purchase) of stock	-	-	-	-	-
Debt Issuance (Pay Down)	-	-	75.7	26.7	-
Cash from Financing Activ.	(6.1)	(6.1)	69.6	20.6	(5.9)
Change in Cash	13.1	22.8	20.4	(4.2)	8.1
Mydeco Stock Price	$7.71	$4.16	$5.51	$9.17	$9.43

a. What were Mydeco's retained earnings each year?

b. Using the data from

2012, what was Mydeco's total stockholders' equity in

2011?

a. What were Mydeco's retained earnings each year?

Calculate the retained earnings below: (Round to one decimal place.)

Year		2012
Net Income	$
Dividends Paid	$
Retained Earnings	$