Clints Stinework Corporation was organized on January 1, 2015. For its first two years of operations, it reported the following:

Net Income for 2015 $31,700

Net Income for 2016 42,100

Dividends for 2015 13,200

Dividends for 2016 17,100

Total Assets at the end of 2015 138,000

Total assets at the end of 2016 263,000

Common Stock at the end of 2015 110,000

Common stock at the end of 2016 110,000

Required: On the basis of the data given, prepare a statement of stockholders' eq CLINT'S STONEWORK CORPORATION Statement of Stockholders' Equity For the Year Ended December 31, 2016 Common Stock Retained Earnings 110,000 Balance December 31, 2015$ Add: Net income Less: Dividends Balance December 31, 2016