Saved At the beginning of the year (January 1). Maurice and Sons has $14,800 of common stock outstanding and retained earnings of $3,900. During the year, the company reports net income of $3,660 and pays dividends of $1,830. In addition, the company issues additional common stock for $7,800 Prepare the statement of stockholders' equity at the end of the year (December 31). MAURICE AND SONS Statement of Stockholders' Equity For the year ended December 31 Common Retained Stock Earnings Balance at January 1 $ 14,800 Issuance of Common Stock 7,800 Add. Net Income for the Year 0 Less Dividends 0 Balance at December 31 $ 22.600 $ 0 Total Stockholders Equity $ 0