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Statement of storkholders' equiry Brenda Tooley owns and operates Speedy Detivery. Services. On lanaary 1, 2007 , Common Stock had a balance of 550,000 ,

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Statement of storkholders' equiry Brenda Tooley owns and operates Speedy Detivery. Services. On lanaary 1, 2007 , Common Stock had a balance of 550,000 , and Retained Earnings had a balaoce of \$601, po0. During the yeac, 516,000 of addional common sock was issued, and $15,000 of dividends were paid. Fo the year ended December 31 , 20r7,5 peedy Delivery reported a net incone of 569,000 : Prepare a statement of stocktioliers' equty for the vear ended Decenber 11, 20y?. If a net loss is incurred or dividends were paid, enter that amourt as a negative number using a minus won. If an amount bos does nog require an entry, leave it blank

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