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statement of stocknolders' Equity You have been asked to assist with the preparation of a statement of stockholders' equity for Maxx Company for the year

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statement of stocknolders' 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 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 Common Stock RetainedEarnings Total Stockholders'Equity Balance at December 31, 2015 $ $ $ Issuance of Common Stock Net Income Dividends Paidenter as negative) Balance at December 31, 2016 $ $ $

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