Statement of Stockholders' Equity On January 1, the credit balance of the Retained Earnings account was $52,000. The company's Common Stock account had an opening balance of $62,000. $9,000 in new capital contributions were made during the year. On December 31, at year-end, the Dividends account had a debit balance of $7,700 before closing. The income statement shows net income of $32,000. Prepare a Statement of Stockholders' Equity for A. Miller & Company, architectural design firm. Total A. MILLER & COMPANY Statement of Stockholders' Equity For Year Ended December 31 Common Stock Retained Earnings Balance, January 1 $ 0 $ o $ Add: Capital contributed during the year Net Income for the year Less: Dividends paid (enter as negative) Balance, January 31 $ 0 $ 0 $ O O O O O O O O O O O OO Check