E connect ING Chapter 1 Assignment instructions I help Question 4 (of 7 3.00 points At the begining of 2018. Artichoke Academy reported a baiance n common sock of $151,000 and a baance in redained omings d $51,000 Dung he yeasc the company At the beginning of 2018, issued additional shares of stock for $41,000, earned net income of $31,000, and paid dividends of $10,100. In addition, the company reported balances for the following assets and liabilities on December 31 Cash $ 52,700 Accounts payable Prepaid rent Land 11,000 Utilities payable 24,500 Salaries payable $7,100 2,600 3,600 16,000 205,000 Notes payable Required: 1. Prepare a statement of stockholders equity. ARTICHOKE ACADEMY Statement of Stockholders' Equity Total Retained Stockholders Common Stock Retained Beginning balance 151,000 51,00 202000 21 POF