Statement of stockholders' equity

Noric Crulses Inc. began the month of October with the following balances: Common Stock, $$160,000$; Additional Pald In Capital, $$3,375,000$; and Retained Earnings, $$12,700,000.$ During October, Nork. issued for cash $40,000$ shares of common stock $($with a stated value of $$1)$ at $$17$ per share, Noric reported the following results for the month ended October $31$:

Net income $$2,100,000$

Cash dividends declared

$450,000$

Prepare a statement of stockholders' equity for the month ended October $31.$ If there is a net loss or there has been a flecrease 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 $31$