Statement of Stockholders' Equity On January 1, the balance of the Retained Earnings account was $25,000. The company's common stock account had an opening balance of $30,000 and new contributions during the year totaled $3,500. On December 31, at year-end, the Dividends account had a balance of $2,850. The income statement shows net income of $15,000. Prepare a statement of stockholders' equity for A. Miller & Company, architectural design firm. Note: Use a negative sign with your answers for the "Less" amounts. A. Miller & Company Statement of Stockholders' Equity For Year Ended December 31 Common Stock Retained Earnings Balance, January 1 $ 0 $ Total 0 $ 0 Add: Common Stock Net income 0 0 0 0 0 0 I Less: Dividends 0 0 0 Balance, December 31 $ 0$ 0 $ 0 Check Previous B Save Answers 66F Cloudy a E