Stockholders$$ equity totaled $$91,000$ at the beginning of the year. During the year, net income was $$21,000,$ dividends of $$7,500$ were declared and paid, and $$19,000$ of common stock was issued at par value.

Required:

Calculate total stockholders$$ equity at the end of the year. Indicate the financial statement effect.

Note: Enter decreases with a minus sign to indicate a negative financial statement effect.