6 notes receivable. *. Statement of Stockholders' Equity On January 1, the balance of the Retained Earnings account was $48.000. The company's Common Stock account had an opening balance of $70,000, and $6,000 in new capital contributions were made during the year. During the year, dividends of 6 notes receivable. *. Statement of Stockholders' Equity On January 1, the balance of the Retained Earnings account was $48.000. The company's Common Stock account had an opening balance of $70,000, and $6,000 in new capital contributions were made during the year. During the year, dividends of