Statement of stockholders' equity Noric Cruises Inc. began the month of October with the following balances: Common Stock, $160,000; Additional Paid-In Capital, $3,150,000; and Retained Earnings, $12,800,000. During October, Noric issued for cash 40,000 shares of common stock (with a stated value of $1) at $17 per share. Noric reported the following results for the month ended October 31: Net income Cash dividends declared $2,150,000 455,000 Prepare a statement of stockholders' equity for the month ended October 31. If there is a net loss or there has been a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank. Noric Cruises Inc. Statement of Stockholders' Equity For the Month Ended October 31 Additional Common Paid-In Capital Line Item Description Stock Retained Earnings Total