Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 2019, is as follows: Net income for June $117,000 Dividends paid in June 29,000 Common stock, June 1, 2019 180,000 Common stock issued in June 40,000 1,560,000 Retained earnings, June 1, 2019 a. Prepare a statement of stockholders' equity for the month ended June 30, 2019. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 2019 Common Stock Retained Earnings Total b. Why is the statement of stockholders' equity prepared before the June 30, 2019, balance sheet? The statement of stockholders' equity is prepared before the June 30, 2019, balance sheet because 30, 2019, balance sheet. as of June 30, 2019, are needed for the June