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Statement of stockholders' equity Instructions Scott Lockhart owns and operates AAA Delivery Servicos. On Jaruary 1, 20Y7, Common Stock had a balance of $60,000, and

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Statement of stockholders' equity Instructions Scott Lockhart owns and operates AAA Delivery Servicos. On Jaruary 1, 20Y7, Common Stock had a balance of $60,000, and Retained Earnings had a balance of $601,500. During the year, no additional common stock was issued, and $14,000 of ovidends were paid. For the year ended Docember 31 , 20Y7. AAA Delvery reported a net income of $69,500. Required: Prepare a statement of stockhoiders' equity for the year ended December 31, 20r7. Aeter to the lists of Labols and Amount Descriptans for the exact wording of the answer choices for fext entries. Be sure to complete the statement heading If a net ioss is incuired or dividends were paid, entor that anount as a negative number using a minus sign. Entries of o (zoro) are notrequired and wis be cloared is entered

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