For each transaction below, calculate the amount of expense to be recognized in the current period using accrual-basis accounting: a. Paid $3,700 on account for supplies purchased last period. All supplies were used last period Expense to be recognized b. Paid $5,000 cash for advertising for the current period. Expense to be recognized c. Employees worked in the current period but will not be paid until the following period, $4,300 Expense to be recognized The following is selected financial information for Osmond Dental Laboratories for 2018 and 2019 2018 2019 Retained earnings, January 1 Net income Dividends declared and paid Common stock $ 53,000 33,000 45,000 10,000 20,000 78,000 Osmond issued 5,000 shares of additional Common stock in 2019 for $26,000. There were no other capital transactions. Prepare a statement of stockholders' equity for the year ended December 31, 2019. (Amounts to be deducted should be indicated with minus sign.) OSMOND DENTAL LABORATORIES Statement of Stockholders' Equity For the Year Ended December 31, 2019 Total Common Stock Retained Stockholders Earnings Equ Balance, January 1,2019 quipment Balance, December 31, 2019