Statement of stockholders equity The revenues and expenses of Paradise Travel Service for the year anded May 31, 2016, follow Fees Banned $900,000 Office expense 300,000 Miscellaneous expen 15.000 Wages expense 450.000 Everett McCauley invested an additional $40,000 in the business in exchange for common stock, and $10,000 of dividend were paid during the year. Common stock had a balance of $60,000 and retained earnings hind a balance of $300,000 as of June 1, 2005, Prepare a statement of stockholders' equity for the year ended May 31, 2006, Paradise Travel Service Statement of Stockholders' Equity For the Year Ended May 31, 2016 Common Stock Retained Earnings Total