During its first five years of operations, Della Manufacturing reports net income and pays dividends as follows. Calculate the balance of retained earnings at the end of each year. Note that retained earnings will always equal $0 at the beginning of year 1. 
Definitions:
Creeping Bureaucracy
The gradual increase in bureaucratic layers within an organization, often leading to decreased efficiency and increased complexity.
TQM
Total Quality Management; a management approach focused on improving the quality of an organization's outputs, including goods and services, through continual feedback and refinement.
Incentive Pay Systems
Compensation methods designed to motivate employees by tying a portion of their earnings to specific performance metrics.
TQM
Total Quality Management; a business management strategy aimed at embedding awareness of quality in all organizational processes.
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