Statement of Stockholders Equity You have been asked to assist with the preparation of a statement of stockholders equity for Maxx Company for the year ended December 31, 2016. You determine the following balances:

Common Stock at December 31, 2015 $8,000

Retained earnings at December 31, 2015 7,500

Net income during 2016 4,500

Dividends during 2016 750

Issuance of common stock during 2016 600

Prepare a statement of stockholders' equity for Maxx Company for 2016