MHE Reader Connect Saved Hel Catena's Marketing Company has the following adjusted trial balance at the end of the current year. Cash dividends of $600 were declared at the end of the year, and 640 additional shares of common stock ($0.10 par value per share) were issued at the end of the year for $2,560 in cash (for a total at the end of the year of 820 shares). These effects are included below: Catena's Marketing Company Adjusted Trial Balance End of the Current Year Debit Credit Cash $ 1,650 Accounts receivable 2,290 Interest receivable 100 Prepaid insurance 1,690 Tong-term notes receivable 2,850 Equipment 16,000 Accumulated depreciation $ 2,920 Accounts payable 2,390 Dividends payable 600 Accrued expenses payable 3,770 Income taxes payable 2,590 Unearned rent revenue 410 Common Stock (820 shares) 82 Additional paid-in capital 3,438 Retained earnings 4,770 Sales revenue 37,050 Interest revenue Rent revenue 700 Wages expense 19,000 Depreciation expense 1,770 Utilities expense 330 Insurance expense 780 Rent expense 9,600 Income tax expense 2,760 Total $ 58,820 $ 58,820 100 Prepare a statement of stockholders' equity for the current year. (Reductions in account balances should be indicated with a minus sign.) CATENA'S MARKETING COMPANY Diamantinfilare Unearned rent revenue Common Stock (820 shares) Additional paid-in capital Retained earnings Sales revenue Interest revenue Rent revenue Wages expense Depreciation expense Utilities expense Insurance expense Rent expense Income tax expense Total 410 82 3,438 4,770 37,050 100 700 19,000 1,770 330 780 9,600 2,760 $ 58,820 $ 58,820 Prepare a statement of stockholders' equity for the current year. (Reductions in account balances should be indicated with a minus sign.) CATENA'S MARKETING COMPANY Statement of Stockholders' Equity For the current year Common Additional Stock Pald-in Capital Retained Earnings Total Stockholders' Equity 82 s 3,438 4,770 Balance, January 1 Share issuance Net income Dividends declared Balance, December 31