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At the beginning of the year (January 1), Maurice and Sons has $13,300 of common stock outstanding and retained earnings of $4,300. During the year,
At the beginning of the year (January 1), Maurice and Sons has $13,300 of common stock outstanding and retained earnings of $4,300. During the year, the company reports net income of $3,910 and pays dividends of $2,310. In addition, the company issues additional common stock for $1,100. Prepare the statement of stockholders' equity at the end of the year (December 31)
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