Preparing the Statement of Stockholders' Equity Presented below is financial data for Likert & Co. as of year-end 2013 Cash $7,000 Retained Earnings, January 1, 2013 14,000 Intangible Assets Common Stock Accounts Payable 23,000 51,000 5,000 Dividends paid 13,000 Accumulated Depreciation (13.000) Net Income 31,000 Stockholders' Equity, January 1, 2013 65,000 Retained Earnings, December 31, 2013 32,000 Stockholders' Equity, December 31,2013 83,000 Required Prepare a statement of stockholders' equity for Likert & Co. as of December 31, 2013 LIKERT & CO. Statement of Stockholders' Equity For the Year Ended December 31, 2013 Common Stock Retained Earnings Total Balance, January 1, 2013 $ 05 05 Add: Net Income for the year 0 0 0 Less: Dividends paid(enter as negative) Balance, December 31, 2013 0 0 05 05 0 Check