Statement of stockholders' equity

Brenda Tooley owns and operates Speedy Delivery Services. On January $1,20$Y$7,$ Common Stock had a balance of $$40,000,$ and Retained Earnings had a balance of $$826,000.$ During the year, $$16,000$ of additional common stock was issued, and $$12,000$ of dividends were paid. For the year ended December $31,20Y7,$ Speedy Delivery reported a net income of $$65,250.$

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. If an amount box does not require an entry, leave it blank.

Speedy Dellvery Services

Statement of Stockholders' Equity

For the Year Ended December $31,20$ Y$7$

Line Item Description Common Stock Retained Earnings Total