Plummer Stonework Corporation was organized on January 1, 2022. For its first two years of operations, it reported the following:

Net income for 2022 $ 31,000 Net income for 2023 42,000 Dividends for 2022 14,200 Dividends for 2023 18,700 Total assets at the end of 2022 130,000 Total assets at the end of 2023 250,000 Common stock at the end of 2022 100,000 Common stock at the end of 2023 100,000

On the basis of the data given, prepare a statement of stockholders equity for 2023. And explain which formula used for each