Question: View Policies Current Attempt in Progress Blue Corporation has retained earnings of $704,900 at January 1, 2020. Net income during 2020 was $1,632,400, and

View Policies Current Attempt in Progress Blue Corporation has retained earnings of $704,900 at January 1, 2020. Net income during 2020 was $1,632,400, and cash dividends declared and paid during 2020 totaled $82,000. Prepare a retained earnings statement for the year ended December 31, 2020. (List items that increase retained earnings first.) BLUE CORPORATION Retained Earnings Statement V S S

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