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Question 4 Not complete Marked out of 2.00 Statement of Stockholders' Equity P Flag question You have been asked to assist with the preparation of a statement of stockholders equity for Maxx Company for the current year ended December 31. You determine the following balances: Beginning-of-year common stock $17.500 Beginning of year retained earnings 26.250 Net income 8.750 Dividends paid 875 Issuance of common stock 1,400 Prepare a statement of stockholders' equity for Maxx Company for the current year. Note: Use a negative sign to shown a reduction to the balance. Maxx Company statement of Stockholders' Equity For Year Ended December 31 Total Common Retained Stockholders Stock Earnings Equity $ 05 05 Balance at beginning of year Issuance of common stock Net income Less: Dividends Balance at end of year OOOOO OOOOO DO O o $