mework Part 20 Help At the beginning of the year (January 1). Buffalo Drilling has $11,000 of common stock outstanding and retained earnings of 57,900 During the year, Buffalo reports net income of $8,200 and pays dividends of $2,900. In addition, Buffalo issues additional common stock for 57.700 Required: Prepare the statement of stockholders' equity at the end of the year (December 31). DUFFALO DRILLING Statement of Stockholdura. Equity For the Year End Date Total Stockholm Common Stock Earnings Beginning balance Ending balance Prov 8 of 10