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Stockholders' Equity at January 1, 2020 is ________ begin{tabular}{lrr} & 2020 & 2021 cline { 2 - 3 } Assets, January 1 & $6,200
Stockholders' Equity at January 1, 2020 is ________
\begin{tabular}{lrr} & 2020 & 2021 \\ \cline { 2 - 3 } Assets, January 1 & $6,200 & $5,040 \\ Liabilities, January 1 & 2,520 & ? \\ Stockholders' Equity, Jan. 1 & ? & ? \\ Dividends & 840 & 630 \\ Common Stock & 756 & 672 \\ Stockholders' Equity, Dec. 31 & ? & ? \\ Net Income & 840 & 672 \end{tabular} Stockholders' Equity at January 1, 2020 is \$Step by Step Solution
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