Statement of Stockholders' Equity On January 1, the credit balance of the Retained Earnings account was $61,300. The company's Common Stock account had an opening balance of $83,300. $19,300 in new capital contributions were made during the year. On December 31, at year-end, the Dividends account had a debit balance of $23,000 before closing. The income statement shows net income of $43,200. Prepare a Statement of Stockholders' Equity for Strife & Company, architectural design firm. Total STRIFE & COMPANY Statement of Stockholders' Equity For Year Ended December 31 Common Stock Retained Earnings Balance, January 1 Add: Capital contributed during the year Net Income for the year Less: Dividends paid (enter as negative) Balance, January 31 $ $