Statement of Stockholders' Equity On January 1, the credit balance of the Retained Earnings account was $50,200. The company's Common Stock account had an opening balance of $72,200. $8,200 in new capital contributions were made during the year. On December 31, at year-end, the Dividends account had a debit balance of $11,900 before closir The income statement shows net income of $32,100. Prepare a Statement of Stockholders' Equity for Strife \& Company, architectural design firm