On 2014 December 31, Perez Company, the accounting records showed the following information:

Assets $150,000

Liabilities $50,000

Capital Stock $100,000

Earned revenues $45,000

Incurred expenses $33,750

Dividends declared and paid amounted to $3,000

1. Prepare the Statement of Stockholders Equity on 2014 December 31.

Statement of Stockholders Equity

Perez Company

Month Ended on December 31, 2014

Perez Company, Capital Stock , January 1, 2014 (beginning balance) $100,000

Net income for the year

Less: Dividends

Perez Company, Capital Stock, December, 2014 (ending balance)