Statement of stockholders$$ equity

Scott Lockhart owns and operates AAA Delivery Services. On January $1,20$Y$7,$ Common Stock had a balance of $$60,000,$ and Retained Earnings had a balance of $$813,000.$ During the year, no additional common stock was issued, and $$15,000$ of dividends were paid. For the year ended December $31,20$Y$7,$ AAA Delivery reported a net income of $$67,250.$

Prepare a statement of stockholders$$ equity for the year ended December $31,20$Y$7.$ 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 $31,20$Y$7$

blank Common Stock Retained Earnings Total

$Balances, January $1,20$Y$7$ $Balances, January $1,20$Y$7$ $Balances, January $1,20$Y$7$

Net income Net income Net income

Dividends Dividends Dividends

$Balances, December $31,20$Y$7$ $Balances, December $31,20$Y$7$ $Balances, December $31,20$Y$7$