During the year, a corporate company reports net income of $7,900 and pays dividends of $2,600. The corporate company issued additional common stock during the year for $7,400. At the beginning of the year (January 1), the company had $11,000 of common stock outstanding and retained earnings of $7,600. Required: Prepare the statement of stockholders' equity at the end of the year (December 31). Statement of Stockholders' Equity For the Year Ended December 31 Common Stock Retained Earnings Total Stockholders Equity Beginning balance Ending balance