M3-26. Preparing a Statement of Stockholders' Equity On December 31, 2017, the credit balances of the Common Stock and Retained Earnings ac- counts were $30,000 and $18,000, respectively, for Architect Services Company. Its stock issu- ances for 2018 totaled $6,000, and it paid $9,700 cash toward dividends in 2018. For the year ended December 31, 2018, the company had net income of $29,900. Prepare a 2018 statement of stockholders' equity for Architect Services.