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Formulating a Statement of Stockholders' Equity from Raw Data Crocker Corporation began calendar-year 2019 with stockholders' equity of $450,000, consisting of contributed capital of $360,000
Formulating a Statement of Stockholders' Equity from Raw Data Crocker Corporation began calendar-year 2019 with stockholders' equity of $450,000, consisting of contributed capital of $360,000 and retained earnings of $90,000. During 2019, it issued additional stock for total cash proceeds of $90,000. It also reported $150,000 net income and paid $75,000 as a cash dividend to stockholders. Required Prepare the 2019 statement of stockholders' equity for Crocker Corporation. Use a negative sign with your answer to show a reduction/decrease in a balance. Crocker Corporation Statement of Stockholders' Equity For Year Ended December 31, 2019 Contributed Retained Stockholders' Capital Earnings Equity December 31, 2018 $ $ Issuance of common stock Net income Cash dividends
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