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Prepare a statement of stockholders' equity for the year ended April 30, 20Y5. Restoration Arts Statement of Stockholders' Equity For the Year Ended April 30,

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Prepare a statement of stockholders' equity for the year ended April 30, 20Y5. Restoration Arts Statement of Stockholders' Equity For the Year Ended April 30, 2015 Common Stock Retained Earnings Total Cash Balances, May 1, 2014 Balances, April 30, 2015 Net income Net loss Statement of stockholders' equity; net loss Selected accounts from the ledger of Restoration Arts for the fiscal year ended April 30, 2045, are as follows: Common Stock May 1 (2014) July 1 10,000 7,500 Retained Earnings Dividends 475,500 1,250 Apr. 30 Apr. 30 Apr. 30 31,200 May 1 (2014) 5,000 July 31 (2014) Oct. 31 1,250 Jan. 31 1,250 Apr. 30 (2014) 1,250 Arts for the fiscal year ended April 30, 2045, are as follows: ,000 ,500 Dividends 475,500 July 31 (2014) 1,250 Apr. 30 5,000 Oct. 31 1,250 Jan. 31 1,250 Apr. 30 (2014) 1,250

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