The assets and liabilities of Thompson Computer Services at March $31,$ the end of the current year, and its revenue and expenses for the year follow. The common stock was $$122,200$ and the retained earnings was $$64,000$ at April $1,$ the beginning of the current year. During the year, shareholders purchased an additional $$25,100$ in stock.

Line Item Description Amount

Accounts payable $$2,000$

Accounts receivable $10,340$

Cash $21,420$

Fees earned $73,670$

Land $47,000$

Building $157,630$

Miscellaneous Expense $1,020$

Office expense $1,290$

Supplies $1,670$

Wages expense $24,000$

Dividends $14,100$

Prepare a statement of stockholders' equity for the current year ended March $31.$ If a net loss is incurred or there is a decrease in stockholders' equity, enter that amount as a negative number using a minus sign. If an amount box does not require an entry, leave it blank.

Thompson Computer Services

Statement of Stockholders$$ Equity

For the Year Ended March $31$

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Stock Retained

Earnings

Total

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