Statement of Stockholders' Equity On January 1, the balance of the Retained Earnings account was $72,000. The company's Common Stock account had an opening balance of $105,000, and $9,000 in new capital contributions were made during the year. During the year, dividends of $14,550 were paid. The income statement shows net income of $44,850. Prepare a statement of stockholders equity for Strife \& Company, architectural design firm. Note: Use a negative sign with your answers for the "Less' amounts