Please help ): Also if you can, can you include the formulas used? Will definitely leave a like if the answer is correct! Thank you!!!

Statement of stockholders' equity Noric Cruises Inc. began the month of October with the following balances: Common Stock, $130,000; Additional Paid-In Capital, $3,425,000; and Retained Earnings, $12,000,000. During June, Noric issued for cash 50,000 shares of common stock (with a stated value of $1) at $17 per share. Noric reported the following results for the month ended October 31: Net income $2,300,000 Cash dividends declared 465,000 Prepare a statement of stockholders' equity for the month ended October 31. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank. Noric Cruises Inc. Statement of Stockholders' Equity For the Month Ended October 31 Additional Paid-In Capital Common Stock Retained Earnings Total Balances, October 1 130,000 3,425,000 12,000,000 15,555,000 Issued Common Stock 50,000 Net Income 2,300,000 2,300,000 Dividends -465,000 -465,000 Balances, October 31