At the beginning of 2021, Artichoke Academy reported a balance in common stock of $161,000 and a balance in retained earnings of $61,000. During the year, the company issued additional shares of stock for $51,000, earned net income of $41,000, and paid dividends of $11,100. In addition, the company reported balances for the following assets and liabilities on December 31. Cash Supplies Prepaid rent Land Assets Liabilities $ 53,700 12,000 Accounts payable Utilities payable. 29,500 Salaries payable 255,000 Notes payable Required: 1. Prepare a statement of stockholders' equity. 2. Prepare a balance sheet. Complete this question by entering your answers in the tabs below. Stmt of Stockholders Balance Sheet Equity Prepare a statement of stockholders' equity. ARTICHOKE ACADEMY Statement of Stockholders' Equity For the Year Ended December 31, 2021 $12,100 4,600 4,600 26,000 Common Stock Retained Earnings Total Stockholders < Prev 5 of 6 Next >