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Client Stonework corporation was organized on January 1, 2015. For its first two years of operations, it reported the following. Net Income for 2015 $31,000
Client Stonework corporation was organized on January 1, 2015. For its first two years of operations, it reported the following.
Net Income for 2015 $31,000
Net income for 2016 $42,000
Dividends for 2015 $14,200
Dividends for 2016 $18,700
Total assets at the end of 2015 $130,000
Total assets at the end of 2016 $250,000
Common sock at the end of 2015 $100,000
Common stock at the end of 2016 $100,000
On the basis of data given, prepare a statement stockholders equity for 2016
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