BusinessCourse Return to cour My Subscriptions Michaela Miller b. Prepare a statement of stockholders' equity for 2019. (Hint: The increase in retained earnings is equal to net income less dividends.) TUTTLE JANITORIAL SERVICE, INC. Statement of Stockholders' Equity For Year Ended December 31, 2019 CommonStock RetainedEarnings Balance, December 31, 2018 $ 225,000 $ 99,000 $ 324,000 Add: Net income for 2019 0x Ox Less: Dividends for 2019(Enter as negative) 0x 0x Balance, December 31, 2019 225,000 $ 108,000 $ 333,000 Total 0 0 Support $ Check :: My Subscriptions Michaela Miller Business Course Return to cour to course Cash $ 25,000 $ 22,000 Accounts Receivable 39,000 31,000 Supplies 18,000 16,000 Land 56,000 46,000 Building, net 250,000 260,000 Equipment, net 44,000 46,000 Total Assets $ 432,000 $ 421,000 LIABILITIES Accounts Payable $ 6,000 $ 9,000 Mortgage Payable 93,000 88,000 Total Liabilities 99,000 97,000 STOCKHOLDERS' EQUITY Common Stock 225,000 225,000 Retained Earnings 108,000 99,000 Total Stockholders' Equity 333,000 324,000 Total Liabilities and Stockholders' Equity 422.000 42LAAN Support