Instructions The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses for the year are listed below. The common stock was $120,000 and the retained earnings were $60,000 at April 1, the beginning of the current year. During the year, shareholders purchased an additional $25,000 in stock. Amount Accounts Accounts payable Accounts receivable Cash $1,030 1,240 Amount Accounts $2,000 Miscellaneous expense 10,340 Office expense 21,420 Supplies 73,450 Wages expense 47,000 Dividends 157,6 1,670 Fees earned Land 23,550 16,570 Building Required: Prepare a statement of stockholder's equity for the current year ended March 31. Be sure to complete the statement heading. Refer to the lists of Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. If a net loss is incurred or there is a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. Entries of (zero) are not required and will be cleared if entered. Labels Expenses For the Month Ended March 31 For the Year Ended March 31 March 31 Amount Descriptions Balances, April 1 Balances, March 31 Dividends Issued common stock Net income Net loss Retained earnings Total expenses Total assets Total liabilities and stockholders' equity Prepare a statement of stockholder's equity for the current year ended March 31. Be sure to complete the statement heading. Refer to the lists of Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. If a net loss is incurred or there is a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. Entries of 0 (zero) are not required and will be deared if entered. Thompson's Computer Services Statement of Stockholders' Equity (Label) Retained 1 Common Stock Total Earnings 2 3 4 5