Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $650 were declared at the end of the year, and 650 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,600 in cash (for a total at the end of the year of 800 shares). These effects are included below:

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 Adjusted Trial Balance End of the current Year Debit Credit Cash $ 1,600 Accounts receivable 2,370 Interest receivable 130 Prepaid insurance 1,750 Long-term notes receivable 2,910 Equipment 16,300 Accumulated depreciation $ 2,800 Accounts payable 2,370 Dividends payable 650 Accrued expenses payable 3,840 Income taxes payable 2,610 Unearned rent revenue 330 Common Stock (800 shares) 80 Additional paid-in capital 3,460 Retained earnings 4,520 Sales revenue 36,850 Interest revenue 100 Rent revenue 730 Wages expense 18,200 Depreciation expense 1,730 Utilities expense 380 Insurance expense 790 Rent expense 9,400 Income tax expense 2,780 Total $ 58,340 $ 58,340 CATENA'S MARKETING COMPANY Statement of Stockholders' Equity Common Stock Additional Paid-in Capital Retained Earnings Total Stockholders' Equity Balance, January 1 Balance, December 31