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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

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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 of the year, and 640 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,560 in cash (for a total at the end of the year of 810 shares). Beginning balances for stockholders' equity accounts are: Common stock, $17; Additional paid-in capital, $943; and Retained earnings, $4,600. These effects are included below: Catena's Marketing Company Adjusted Trial Balance. End of the Current Year Cash Debit $1,630 Credit Accounts receivable 2,260 Interest receivable 190 Prepaid insurance 1,780 Long-term notes receivable 2,910 Equipment 15,900 Accumulated depreciation $2,840 Accounts payable 2,240 Dividends payable 610 Accrued expenses payable 3,730 Income taxes payable 1,548 Unearned rent revenue 370 Common Stock (810 shares) Additional paid-in capital 81 3,439 Retained earnings 3,990 Sales revenue 36,950 Rent revenue 700 Interest revenue 150 Wages expense 18,300 Depreciation expense 1,710 Utilities expense 380 Insurance expense 740 Rent expense 9,300 Income tax expense 1,548 Total $56,648 $56,648 Prepare a statement of stockholders' equity for the current year. Note: Reductions in account balances should be indicated with a minus sign.

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