4. Retained earnings at 1/1/10 was$100000 and at 12/31/10 it was $210000. During

4. Retained earnings at 1/1/10 was$100000 and at 12/31/10 it was $210000. During 2010 cashdividends of $50000 were paid and a stock dividend of $40000 wasissued. Both dividends were properly charged to retained earnings.You are to provide the missing closing entry. (Points: 12)