Business, 12.03.2021 16:40 lflugo6oyn4sp

At the beginning of the year (January 1), Maurice and Sons has $18,500 of common stock outstanding and retained earnings of $2,300. During the year, the company reports net income of $2,630 and pays dividends of $1,070. In addition, the company issues additional common stock for $4,500. Prepare the statement of stockholders' equity at the end of the year (December 31).

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At the beginning of the year (January 1), Maurice and Sons has $18,500 of common stock outstanding a...

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