Statement of stockholders' equity Scott Lockhart owns and operates AAA Delivery Services. On January 1, 2017, Common Stock had a balance of $30,000, and Retained Earnings ha balance of $807,500. During the year, no additional common stock was issued, and $13,000 of dividends were paid. For the year ended December 31, 2017, AAA Delivery reported a net income of $69,000. Prepare a statement of stockholders' equity for the year ended December 31, 2017. If a net loss is incurred or dividends were paid, enter that amount as a negative number using a minus sign. Balances, January 1, 20Y7 Net income Dividends AAA Delivery Services Statement of Stockholders' Equity For the Year Ended December 31, 20Y7 Common Stock 30,000 Retained Earnings Total 807,500 837,500 65,250 X 65,250 X 0 10,000 X 10,000 X 862,750 X 892,750 X Balances, December 31, 20Y7 30,000 Feedback Check My Work The statement of stockholders' equity shows the beginning balances of common stock and retained earnings. The common stock balance will be increased by any stock issued during the period, and retained earnings will be increased by any net income and decreased by any net losses and dividends