At the end of the prior year annual reporting period, Barnard Corporation's balance sheet showed the following: BARNARD CORPORATION Balance Sheet At December 31, Prior Year Stockholders' equity Contributed capital Common stock (par $15; 6,800 shares) Paid-in capital Total contributed capital Retained earnings Total stockholders' equity $102,000 18,000 12e, eee 42,800 $162,000 During the current year, the following selected transactions (summarized) were completed: a. Sold and issued 1,700 shares of common stock at $20 cash per share (at year-end). b. Determined net income, $48,000. c. Declared and paid a cash dividend of $1 per share on the beginning shares outstanding Required: Prepare a statement of stockholders' equity for the year ended December 31, current year