Climate Control Systems Co. offers its services to residents in the Spokane area. Selected accounts from the ledger of Climate Control Systems for the fiscal year ended December 31, 20Y2, are as follows:

Common Stock
		Jan. 1	75,000
		Feb. 15	25,000

Retained Earnings
Dec. 31	160,000	Jan. 1 (20Y2)	4,150,800
		Dec. 31	700,000

Dividends
Mar. 31	40,000	Dec. 31	160,000
June 30	40,000
Sept. 30	40,000
Dec. 31	40,000

	Required:
	Prepare a statement of stockholders equity for the year. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Entries of 0 (zero) are not required and will be cleared if entered.

Labels
For the Year Ended December 31, 20Y2
June 30, 20Y9
Amount Descriptions
Balances, January 1, 20Y2
Balances, December 31, 20Y2
Dividends
Issued common stock
Net income
Net loss

Prepare a statement of stockholders equity for the year. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Entries of 0 (zero) are not required and will be cleared if entered.

Climate Control Systems Co.

Statement of Stockholders Equity

1		Common Stock	Retained Earnings	Total
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6