Instructions The comparative financial statements of Marshall Inc. are as follows. The market price of...
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Instructions The comparative financial statements of Marshall Inc. are as follows. The market price of Marshal common stock was $82.60 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y:1 20Y2 20Y1 $3,704,000.00 3,264,000.00 2 Retained earnings, January 1 3Net income 4 Total 600,000.00 550,000.00 04000.00 $3,814,000.00 Dividends 6 On preferred stock 7On common stock 8 Total dividends $10,000.00 100,000.00 $110,000.00 194 000.00 $10,000.00 100,000.00 $110,000.00 704 000 00 9 Retained earnings December 31
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