Year end 31st dec 2009,
Annual sales 5,000,000
Gross profit for 2009 1,000,000
Retained earning for 2009 200,000
Retained earning for 2008 100,000
Under reported retained earning of 2008 50,000
Interest paid in 2009 to debenture holders 75,000
Cash paid for 2009 preference shareholders 100,000
Cash dividend paid for 2009 ordinary shares 150,000
Prepare a retained earning statement with this data ?