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Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $615 were declared at the end

image text in transcribedimage text in transcribed Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $615 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 $3,060 in cash (for a total at the end of the year of 830 shares). Beginning balances for stockholders' equity accounts are: Common stock, \$33; Additional paid-in capital, $685; and Retained earnings, $2,030. These effects are included below: Prepare a statement of stockholders' equity for the current year. Note: Reductions in account balances should be indicated with a minus sign. 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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