Business
Business, 25.01.2021 23:10, nettyshaf202406

At the beginning of the year (January 1), Maurice and Sons has $16,300 of common stock outstanding and retained earnings of $2,200. During the year, the company reports net income of $3,410 and pays dividends of $1,550. In addition, the company issues additional common stock for $5,800. Required: 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 $16,300 of common stock outstanding a...

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