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Question: i have no clue how to figure out what the...

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I have no clue how to figure out what the dividends are, our book has no explanation on how to find the amount for dividends as all of the problems provide it within the question. Help!

Required intormation The following information applies to the questions displayed below.] Rickys Piano Rebuilding Company has been operating for one year. On January 1, at the start of its second year, its income statement accounts had zero balances and its balance sheet account balances were as follows: Cash Accounts Receivable Supplies Equipment Land Building s 6,800 Accounts Payable $12,600 1,850 Notes Payable (long-term) 14,500 Common Stock 10,050 Retained Earnings 20,200 32,750 Deferred Revenue (deposits)3,250 45,500 7,500 17,300 Following are the January transactions: a. Received a $870 deposit from a customer who wanted her piano rebuilt in February b. Rented a part of the building to a bicycle repair shop: $355 rent received for Januany. c. Delivered five rebuilt pianos to customers who paid $12.775 in cash. d. Delivered two rebuilt pianos to customers for $6,400 charged on account. e. Received $5,300 from customers as payment on their accounts f. Received an electric and gas utility bill for $675 for January services to be paid in February g. Ordered $945 in supplies. h. Paid $1,750 on account in January i. Paid $11,000 in wages to employees in January for work done this month. J. Received and paid cash for the supplies in (g)
Prepare a statement of retained earnings for the month ended and at January 31 Hint RICKYS PIANO REBUILDING COMPANY Statement of Retained Earnings For the Month Ended January 31 Print Retained Earnings, January 1 S 17.300 7,855 Add: Net Income Less: Dividends References Retained Earnings, January 31
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