At the beginning of the year (January 1), a company has $12,000 of common stock outstanding and retained earnings of $6,20 During the year, the company reports net income of $6,500 and pays dividends of $1,200. In addition, the company issues ado common stock for $6,000 Required: Prepare the statement of stockholders' equity at the end of the year (December 31). At the beginning of the year (January 1), a company has $12,000 of common stock outstanding and retained earnings of $6,20 During the year, the company reports net income of $6,500 and pays dividends of $1,200. In addition, the company issues ado common stock for $6,000 Required: Prepare the statement of stockholders' equity at the end of the year (December 31)