Survey of Accounting: E1-13 Financial information related to Westwood Company

Survey of Accounting 
E1-13 Retained Earnings Statement 
Financial information related to Westwood Company for the month ended July 31 2012, is as follows: 
Net income for June 230,000 
Dividends during June 45,000 
Retained earnings, June 1, 2012 615,000 

Instruction: 
Prepare a retained earnings statement for the month ended June 30, 2012.
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