Preparing the Statement of Stockholders' Equity Presented below is financial data for Likert & Co. as of year-end 2013: $13,000 Retained Earnings, January 1, 2013 20,000 Intangible Assets 29,000 Common Stock 57.000 Accounts Payable 11.000 Dividends paid 19,000 Accumulated Depreciation (14,000) Net Income 37.000 Stockholders' Equity, January 1, 2013 77,000 Retained Earnings, December 31, 2013 38,000 Stockholders' Equity, December 31, 2013 95,000 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 0 $ 0 Add: Net Income for the year 0 0 0 Less: Dividends paidenter as negative) 0 0 Balance December 31, 2013 S OS 05 OO