At the beginning of the year (January 1). Wildfire Drilling has $10,000 of common stock outstanding and retained earnings of $6,700. During the year, Widfire reports net income of $7,000 and pays dividends of $1,700. In addition, Wildfire issues additional common stock for $6,500. Required: Prepare the statement of stockholders' equity at the end of the year (December 31)