Formulating a Statement of Stockholders' Equity from Raw Data

Crocker Corporation began calendar-year2019 with stockholders' equity of $150,000, consisting of contributed capital of $120,000 and retained earnings of $30,000. During 2019, it issued additional stock for total cash proceeds of $30,000. It also reported $50,000 of net income and paid $25,000 as a cash dividend to stockholders.

Required

Prepare the 2019 statement of stockholders' equity for Crocker Corporation