Relationships among the financial statements

Reference no: EM131812149

Relationships Among the Financial Statements

The following information for Kellman Inc. is available at the end of 2013.

Total assets on 12/31/2012		$72,300
Total assets on 12/31/2013		78,400
Total liabilities on 12/31/2012		12,100
Total liabilities on 12/31/2013		9,800
Common stock on 12/31/2012		50,000
Common stock on 12/31/2013		50,000
Net income for 2013		14,700

Required:

Calculate the amount of dividends reported on the retained earnings statement for 2013.

Reference no: EM131812149

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