At the beginning of the year (January 1). Butfalo Drilling has $10,000 of common stock outstanding and retained earrings of 57.2003 During the year, Buffalo reports net income of $7,500 and pays dividends of $2,200 In addition, lalo wins additional como stock for $7000 Required: Prepare the statement of stockholders' equity at the end of the year (December 30 18 BUFFALO DRILLING Statement of Stockholders' Equity For the Year Ended December 31 Common Stock Retained Earnings Total Stockholders Equity Beginning balance Ending balance