Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $635 were declared at the end of the year, and 500 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $3,140 in cash (for a total at the end of the year of 870 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $1,535 Accounts receivable 2,270 Interest receivable 114 Prepaid insurance 1,670 Long-term notes receivable 3,150 Equipment 15,990 Accumulated depreciation $3,140 Accounts payable 2,540 Dividends payable 635 Accrued expenses payable 3,990 Income taxes payable 1,764 Unearned rent revenue Common Stock (870 shares) Additional paid-in capital Retained earnings Sales revenue 535 87 3,690 1,540 40,110 Rent revenue 835 Interest revenue 114 Wages expense 20,200 Depreciation expense 1,940 Utilities expense 408 Insurance expense 813 Rent expense Income tax expense Total $58,980 $58,980 9,140 1,750 CATENA'S MARKETING COMPANY Statement of Stockholders' Equity For the current year Additional Paid- Retained in Capital Common Stock Balance, January 1 $ 37 $ Share issuance Net income Dividends declared Balance, December 31 Total Stockholders' Equity Earnings 705 $ 2,070 $ 2,812