Question 14 Not complete Marked out of 12.00 P Flag question Preparing the Statement of Stockholders' Equity Presented below is financial data for Thomas & Co, as of December 31: Cash $25,000 Retained Earnings, January 1, 2019 31,000 Building 150,000 Common Stock 120,000 Accrued expenses payable 8,000 Dividends paid 30,000 Inventory 14,000 Net Income 60,000 Stockholders' Equity, January 1, 2019 151,000 Retained Earnings, December 31, 2019 ? Stockholders' Equity, December 31, 2019 181,000 Required Prepare a statement of stockholders' equity for Thomas & Co. as of Decemb THOMAS E CO. Statement of Stockholders Equity For the Year Ended December 31, 2019 Dividends paid 30,000 Inventory 14,000 Net Income 60,000 Stockholders' Equity, January 1, 2019 151,000 Retained Earnings, December 31, 2019 ? Stockholders' Equity, December 31, 2019 181,000 Required Prepare a statement of stockholders' equity for Thomas & Co. as of December 31. THOMAS & CO. Statement of Stockholders' Equity For the Year Ended December 31, 2019 Common Stock Retained Earnings Total Balance, January 1 $ $ Add: Net Income for the year Less: Dividends paid(enter as negative) Balance, December 31 $ $ $ $ Check Previous Save Answers