Scott Lockhart owns and operates AAA Delivery Services. On January 1, 20Y7, Common Stock had a balance of $30,000, and Retained Earnings had a balance of $815,000. During the year, no additional common stock was issued, and $15,000 of dividends were paid. For the year ended December 31, 20Y7, AAA Delivery reported a net income of $70,000.

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.

AAA Delivery Services Statement of Stockholders' Equity For the Year Ended December 31, 20Y7 \begin{tabular}{|c|c|c|c|} \hline & Common Stock & Retained Earnings & Total \\ \hline & $ & $ & \\ \hline & & & \\ \hline & & & \\ \hline & $ & $ & \\ \hline \end{tabular}