At the beginning of the year (January 1), Wild Horses Drilling has $12,000 of common stock outstanding and retained earnings of $6,800. During the year, Wild Horses reports net income of $7,100 and pays dividends of $1,800. In addition, Wild Horses issues additional common stock for $6,600. Required: Prepare the statement of stockholders' equity at the end of the year (December 31). Note: Negative amounts should be indicated by a minus sign. WILD HORSES DRILLING Statement of Stockholders' Equity For the Year Ended December 31 Beginning balance Total Common Stock Retained Earnings Stockholders' Equity Ending balance $ 0 $ 0 $ 0