Cooper? Industries, Inc., began 2012 with retained earnings of $ 24,460,000. During the year it paid four quarterly dividends of $0.33 per share to 3.23 million common stockholders. Preferred? stockholders, holding 497,000 ?shares, were paid two semiannual dividends of $0.75 per share. The firm had a net profit after taxes of $4,890,000. Prepare the statement of retained earnings for the year ended December? 31, 2012.