Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $600 were declared at the end of the year, and 610 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,440 in cash (for a total at the end of the year of 830 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,570 Accounts receivable 2,360 Interest receivable 110 Prepaid insurance 1,660 Long-term notes receivable 2,830 Equipment 15,000 Accumulated depreciation $ 2,960 Accounts payable 2,360 Dividends payable 600 Accrued expenses payable 3,840 Income taxes payable 2,530 Unearned rent revenue 430 Common Stock (830 shares) 83 Additional paid-in capital 3,487 Retained earnings 2,840 Sales revenue 37, 350 Interest revenue 130 Rent revenue 590 Wages expense 18,500 Depreciation expense 1.780 Utilities expense Insurance expense 790 Rent expense 9,500 Income tax expense 2,700 Total $ 57,200 $ 57,200 400 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 Balance, January 1 Share issuance Net income Dividends declared Total Common Additional Retained Stockholders' Stock Pald-In Capital Earnings Equity $ 150 $ 825 $ 4,2107 s 5,050 69 2,691 2,760 4,630 4,630 (600) (600) $ 11,820 84 $ 3,516 $ 8,220 $ Balance, December 31