At the beginning of the year (January 1), Maurice and Sons has $18,800 of common stock outstanding and retained earnings of $5,300. During the year, the company reports net income of $2,380 and pays dividends of $2,860. In addition, the company issues additional common stock for $7,600. Prepare the statement of stockholders' equity at the end of the year (December 31). MAURICE AND SONS Statement of Stockholders' Equity For the year ended December 31 Common Stock Retained Earnings Total Stockholders' Equity Balance at January 1 Balance at December 31