Statement of stockholders' equity

The revenues and expenses of A$-$One Travel Service for the year ended August $31,20$Y$6,$ follow:

Fees earned

Office expense

Miscellaneous expense

Wages expense

$$1,150,000$

$150,000$

$45,000$

$640,000$

Kate Duffner invested an additional $$15,000$ in the business in exchange for common stock, and $$50,000$ of dividends were paid during the year. Common stock had a balance of $$60,000$ and retained earnings had a balance of $$775,000$ as of September $1,20$ Y$.$

Prepare a statement of stockholders' equity for the year ended August $31,20$Y$6.$ If an amount box does not require an entry, leave it blank.

A$-$One Travel Service

Statement of Stockholders' Equity

For the Year Ended August $31,20$ Y$6$

Line Item Description

Common

Stock

Retained

Earnings

Total