The owners of a new venture have decided to organize as a corporation. the initial equity investment is valued at $50,000 reflecting contributions of the entrepreneur and her family and friends. these initial investors are issued 100,000 shares of stock. two months later, an additional 25,000 shares of stock are issued to an angel investor who purchases them for $4 per share. during the first year of incorporation, the venture has a net loss of $20,000. in other words, net income = -$20,000. at the end of the first year, what are the amounts in the common stock, retained earnings, and total shareholder equity accounts? the common stock has no par value, and there are no dividends.