question13

Statement of stockholders' equity Scott Lockhart owns and operates AAA Delivery Services. On January 1, 20Y7, Common Stock had a balance of $60,000, and Retained Earnings had a balance of $824,000. During the year, no additional common stock was issued, and $14,000 of dividends were paid. For the year ended December 31,20 Y A AAA Delivery reported a net income of $68,750. Prepare a statement of stockholders' equity for the year ended December 31,20Y7. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign