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 $114,000 Dividends paid in June 28,000 Common stock, June 1, 2019 160,000 Common stock issued in June 70,000 1,600,000 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 becaus 30, 2019, balance sheet. common stock and retained earnings dividends and retained earnings net Income and dividends are needed for the June Check My Work Previous Next