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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

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

Required Prepare a statement of stockholders equity for Maxx Company for 2016.

MAXX COMPANY Statement of Stockholders' Equity For the Year Ended December 31, 2016
CommonStock RetainedEarnings Total Stockholders'Equity
Balance at December 31, 2015 Answer Answer Answer
Issuance of Common Stock Answer Answer Answer
Net Income Answer Answer Answer
Dividends Paid(Enter as negative) Answer Answer Answer
Balance at December 31, 2016 Answer Answer Answer

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