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Statement of Stockholders' Equity Wally Co. reported the following financial data for its most current year: $140,000 Beginning-of-year common stock Beginning-of-year retained earnings Net Income

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Statement of Stockholders' Equity Wally Co. reported the following financial data for its most current year: $140,000 Beginning-of-year common stock Beginning-of-year retained earnings Net Income 325,500 10,500 Dividends Paid 10,000 15,000 Issuance of common stock Compute Wally's end-of-year total stockholders' equity. Total Stockholders' Equity= $ 480,500 X

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