On January 1, the credit balance of the Retained Earnings account was \(\$ 51,000\). The company's Common Stock account had an opening balance of \(\$ 65,000\), and \(\$ 8,000\) in new capital contributions were made during the year. On December 31, at year-end, the Dividends account had a debit balance of \(\$ 12,000\) before closing. The income statement shows net income of \(\$ 30,500\). Prepare a statement of stockholders' equity for Stede \& Company, architectural design firm.