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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $610 were declared at the end

Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $610 were declared at the end of the year, and 600 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,400 in cash (for a total at the end of the year of 850 shares). Beginning balances for stockholders' equity accounts are: Common stock, $25; Additional paid-in capital, $1,185; and Retained earnings, $5,050. These effects are included below:

Catenas Marketing Company
Adjusted Trial Balance
End of the Current Year
Debit Credit
Cash $1,650
Accounts receivable 2,240
Interest receivable 170
Prepaid insurance 1,780
Long-term notes receivable 2,860
Equipment 16,000
Accumulated depreciation $2,900
Accounts payable 2,300
Dividends payable 610
Accrued expenses payable 3,830
Income taxes payable 1,403
Unearned rent revenue 330
Common Stock (850 shares) 85
Additional paid-in capital 3,525
Retained earnings 4,440
Sales revenue 36,750
Rent revenue 640
Interest revenue 120
Wages expense 18,400
Depreciation expense 1,760
Utilities expense 410
Insurance expense 760
Rent expense 9,500
Income tax expense 1,403
Total $56,933 $56,933

Prepare a statement of stockholders' equity for the current year.

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