Required information [The following information applies to the questions displayed below.] The December 31, Year 1, adjusted trial balance for a company is presented below. Credit Debit $ 10,600 136,000 4,600 23,000 260,000 Accounts Cash Accounts Receivable Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Interest Payable Notes Payable (due in two years) Common Stock Retained Earnings Service Revenue Salaries Expense Rent Expense Depreciation Expense Interest Expense Totals $121,000 10,600 9,600 3,600 26,000 160,000 46,000 360,000 260,000 13,000 26,000 3,600 $736,800 $ 736,800 2. Prepare a statement of stockholders' equity for the year ended December 31, Year 1, assuming no common stock was issued during Year 1. Statement of Stockholders' Equity For the Year Ended December 31, Year 1 Common Stock Retained Earnings Total Stockholders' Equity Balance at January 1 La Dividonda Add: Net Income Add: Net Loss Less: Net Income Less: Net Loss Statement of Stockholders' Equity For the Year Ended December 31, Year 1 Common Stock Retained Earnings Total Stockholders' Equity Balance at January 1 Less: Dividends Balance at December 31