eBook Show Me How Print Item Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 2009, is as follows: Net income for June $ 116,000 Dividends paid in June Common stock, June 1, 20Y9 20,000 170,000 Common stock issued in June Retained earnings, June 1, 20Y9 60,000 1,560,000 a. Prepare a statement of stockholders' equity for the month ended June 30, 2019. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 2019 Common Stock Retained Earnings Total b. Why is the statement of stockholders' equity prepared before the June 30, 20Y9, balance sheet? The statement of stockholders' equity is prepared before the June 30, 20Y9, balance sheet because 30, 2019, balance sheet. as of June 30, 2019, are needed for the June Check My Work Previous Next