Plummer Stonework Corporation was organized on January 1, 2022. For its first two years of operations,...
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Plummer Stonework Corporation was organized on January 1, 2022. For its first two years of operations, it reported the following: Net income for 2022 Net income for 2023 Dividends for 2022 Dividends for 2023 Total assets at the end of 2022 Total assets at the end of 2023 Common stock at the end of 2022 Common stock at the end of 2023 $ 30,500 43,600 14,800 18,900 149,000 260,000 140,000 140,000 Required: On the basis of the data given, prepare a statement of stockholders' equity for 2023. PLUMMER STONEWORK CORPORATION Statement of Stockholders' Equity Balance December 31, 2022 Balance December 31, 2023 Common Stock Retained Earnings Plummer Stonework Corporation was organized on January 1, 2022. For its first two years of operations, it reported the following: Net income for 2022 Net income for 2023 Dividends for 2022 Dividends for 2023 Total assets at the end of 2022 Total assets at the end of 2023 Common stock at the end of 2022 Common stock at the end of 2023 $ 30,500 43,600 14,800 18,900 149,000 260,000 140,000 140,000 Required: On the basis of the data given, prepare a statement of stockholders' equity for 2023. PLUMMER STONEWORK CORPORATION Statement of Stockholders' Equity Balance December 31, 2022 Balance December 31, 2023 Common Stock Retained Earnings
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