Required information [The following information applies to the questions displayed below) Milea Inc. experienced the following events in Year 1, its first year of operations: 1. Received $14,500 cash from the issue of common stock 2. Performed services on account for $45,000. 3. Paid the utility expense of $1,100. 4. Collected $36,520 of the accounts receivable. 5. Recorded $9,750 of accrued salaries at the end of the year 6. Paid a $1,500 cash dividend to the stockholders. b. Prepare the income statement, statement of changes in stockholders' equity, balance sheet, and statement of cash flows for the Year 1 accounting period Complete this question by entering your answers in the tabs below. Reg 1 Reg B2 Reg 33 Reg 84 Prepare the statement of changes in stockholders' equity for the Year 1 accounting period. MILEA INC Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock Plus: Common stock issued 14,500 Ending common stock $ 14,500 Beginning retained earnings Plus: Net income 36,520 Less: Dividend 1,500 Ending retained eamings 35.020 Total stockholders outy $ 49,520 0