Need help finding the balance of stockholder's equity for January 1st

M4-9 Reporting a Statement of Stockholders Equity LO4-2 Romney's Marketing Company has the following adjusted trial balance at the end of the current year. No dividends were declared. However, 590 shares ($0.10 par value per share) issued at the end of the year for $2,990 are included below Cash Accounts receivable Interest receivable Prepaid insurance Notes receivable (long-term) Equipment Accumulated depreciation Accounts payable Accrued expenses payable Income taxes payable Unearned rent revenue Common Stock (840 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 $ 1,670 2,210 270 1,790 2,990 15,400 $ 2,960 2,260 3,810 2,520 460 84 3,596 4,600 37,250 190 700 18,700 1,730 350 760 9,800 2,760 58,430 $ 58,430 Prepare a statement of stockholders' equity in good form for the current year Answer is complete but not entirely correct. ROMNEY'S MARKETING COMPANY Statement of Stockholders' Equity For the current year Common Stock Additional Paid-in Capital Retained Earnings Stockholders Equ 6650$ 4,600 ) $ 8,280 2.990 4,040 Balance, January 1 Share issuance 592,931 Net income 4,040 Balance, December 31 84$ 3,5960$ 8,6400$ 8,280