Question 2 Marked out of 6.00 P Flag question Not complete Preparing the Statement of Stockholders' Equity Presented below is financial data for Thomas & Co. as of year-end 2016: Cash $19,000 Retained Earnings. January 1, 2016 26,000 Building 50,000 120,000 Common Stock 8,000 Accrued expenses payable DIvidends paid 25,000 14,000 Inventory 60,000 Net Income 146,000 Stockholders Equity. January 1, 2016 Retained Earnings, December 31, 2016 Stockholders Equity. December 31, 2016 181,000 Required Prepare a statement of stockholders' equity for Thomas & Co. as of December 31, 2016 THOMAS & CO Staternent of Stockholders' Equity For the Year Ended December 31, 2016 Total Common Stock Retained Earnings 0 S Balance, january 1 Add: Net income for the year 0 Less: Dividehcis paidkenter as negative) 0 S Balance. December 31 Check Save Answers