Paoli Consulting

Statement of Stockholders$$ Equity

For the Year Ended March $31,20$Y$9$

Line Item Description Common

Stock Retained

Earnings

Total

Balances, April $1,20$Y$8$

$Balances, April $1,20$Y$8$

$Balances, April $1,20$Y$8$

$18,830$

$Balances, April $1,20$Y$8$

Issued common stock

Issued common stock

$3,700$

Issued common stock

Issued common stock

$3,700$

Net income

Net income

Net income

$48,260$

Net income

$48,260$

Dividends

Dividends

Dividends

$-3,590$

Dividends

$-3,590$

Balances, March $31,20$Y$9$

$Balances, March $31,20$Y$9$

$9,300$

$Balances, March $31,20$Y$9$

$63,500$

$Balances, March $31,20$Y$9$

$72,800$