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Catena's Marketing Company has the following adjusted trial balance at the end of the current year, Cash dividends of $640 were declared at the end

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Catena's Marketing Company has the following adjusted trial balance at the end of the current year, Cash dividends of $640 were declared at the end of the year, and 570 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2.280 in cash (for a total at the end of the year of 840 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the current Year Debit Credit Cash $ 1,620 Accounts receivable 2,310 Interest receivable 190 Prepaid insurance 1,640 Long-term notes receivable 2,920 Equipment 16,600 Accumulated depreciation $ 2,950 Accounts payable 2,250 Dividends payable 640 Accrued expenses payable 3,800 Income taxes payable 2,660 Unearned rent revenue 440 Common Stock (840 shares) 84 Additional paid-in capital 3,546 Retained earnings 4,020 Sales revenue 37,550 Interest revenue 140 Rent revenue 670 Wages expense 18,300 Depreciation expense 1,750 Utilities expense 330 Insurance expense 790 Rent expense 9,600 Income tax expense 2,700 Total $58,750 $ 58,750 Prepare a statement of stockholders' equity for the current year. (Reductions in account balances should be indicated with a minus sign.) CATENA'S MARKETING COMPANY Statement of Stockholders' Equity Common Stock Additional Pald-in Capital Retained Earnings Total Stockholders Equity Balance, January 1 alance, December 31

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