Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 2009, is as follows: Net income for June $ 116,000 Dividends paid in June 22,000 Common stock, June 1, 20Y9 150,000 Common stock issued in June Retained earnings, June 1, 20Y9 40,000 1,600,000 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, 20Y9 Common Stock Retained Earnings Total b. Why is the statement of stockholders' equity prepared before the June 30, 20Y9, balance sheet? The statement of stockholders' equity is prepared before the June 30, 20Y9, balance sheet because as of June 30, 2019, are needed for the June 30, 2019, balance sheet.