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Statement of stockhoiders' equity The revenues and expenses of A-One Travel Service for the vear ended August 31, 20r6, follow: Kate Duffner invested an additional

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Statement of stockhoiders' equity The revenues and expenses of A-One Travel Service for the vear ended August 31, 20r6, follow: Kate Duffner invested an additional $15,000 in the business in exchange for common stock, and $50,000 of dividends were pald during the year. Daminch itock had a balance of $60,000 and retained earnings had a balance of $775,000 as of September 1, 20%5

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