k chapter 1b Question 2 (of 6) 0.83 points was organized on January 1, 2015. For its first two years of operations Clint's Stonework Corporation Net income for 2015 Net income for 2016 Dividends for 2015 Dividends for 2016 Total assets at the end of 2015 Total assets at the end of 2016 Common stock at the end of 2015 Common stock at the end of 2016 30,700 42,400 4,600 17,300 136,000 258,000 120,000 120,000 Required: On the basis of the data given, prepare a statement of stockholders' equity for 2016. CLINT'S STONEWORK CORPORATION Statement of Stockholders' Equity Stock Retained Earnings 16,100 42,400 17,300 Balance December 31,2015 Add: Net income 120,000$ 30,700 14.600 120,000 Balance December 31, 2016S