A company provides the following account balances for the current year: Common stock ..........$ 20,600 Retained earnings,
Question:
Common stock ..........$ 20,600
Retained earnings, beginning of year... 62,496
Additional paidin capital ....... 100,000
Dividends ............. 9,500
Treasury stock........... (22,000)
Net income ............ 22,133
Required
Prepare a statement of stockholders' equity at yearend.
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