160. Below are the account balances for Huffman Corporation at the end of December. Use only the appropriate accounts to prepare an income statement. Accounts Cash Salaries expense Retained earnings Advertising expense Equipment Service revenue Common stock Accounts payable Balances $ 5,200 2,300 2,500 1,200 12,400 9,400 8,000 2,200 the beginning of the year (January 1), Maurice and Sons bas SI2.000 ore 161. At the beginning of the year (January 1), Maurice and Sons has $12,000 of common stock outstanding and retained earnings of $4,200. During the year, the company reports net income of $3,200 and pays dividends of $1,200. In addition, the company issues additional common stock for $5,000. Prepare the statement of stockholders' equity at the end of the year (December 31)