Statement of stockholders' equity

Scott Lockhart owns and operates AAA Delivery Services. On January $1,20$Y$7,$ Common Stock had a balance of $$40,000,$ and Retained Earnings had a balance of $$815,500.$ During the year, no additional common stock was issued, and $$10,000$ of dividends were paid. For the year ended December $31,20Y7,$ AAA Delivery reported a net income of $$67,250.$

Prepare a statement of stockholders' equity for the year ended December $31,20Y7.$ If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign.

AAA Delivery Services

Statement of Stockholders' Equity

For the Year Ended December $31,20Y7$

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