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Statement of Stockholders' Equity You have been asked to assist with the preparation of a state- ment of stockholders' equity for Pal Company for the year ended December 31, 2019. You determine the following balances: Common stock at December 31, 2018.. Retained earnings at December 31, 2018 Net income during 2019...... Dividends during 2019.... Issuance of common stock during 2019. $47,000 19,500 23,400 7,800 5,000 Required Prepare a statement of stockholders' equity for Pal Company for 2019