2 Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $620 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 810 shares). These effects are included below: 15 points eBook Print References Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,680 Accounts receivable 2,300 Interest receivable 240 Prepaid Insurance 1,780 Long-term notes receivable 2,920 Equipment 15,600 Accumulated depreciation $ 2,960 Accounts payable 2,220 Dividends payable 620 Recrued expenses payable 3,870 Income taxes payable 2,600 Unearned rent revenge 410 Common Stock (810 shares) 81 Additional paid-in capital 3,599 Retained earnings 3,300 Sales revenue 37,050 Interest revenue 170 Bent revenue 650 Wages expense 18,000 Depreciation expense 1,800 Utilities expense 380 Insurance expense 760 Rent expense 9.300 Income tax expense 2.770 Total $57,530 557,530 Prepare a statement of stockholders' equity for the current year. (Reductions in account balances should be indicated with a minus sign.) CATENA'S MARKETING COMPANY Statement of Stockholders' Equity For the current year Common Stock Additional Paid-in Capital Retained Earnings $ 3,920 Total Stockholders Equity $ 20 61 Balance, January 1 Share issuance Dividends declared Net income 2,440 (620) (620) $ 81 $ 3,599 Balance, December 31