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The following account balances appear in the 2021 adjusted thal balance of Spiders Corporation Common Stock $17,000: Retaine Earnings. 56,700 Dividends $500 Service Revenue, $24,100;

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The following account balances appear in the 2021 adjusted thal balance of Spiders Corporation Common Stock $17,000: Retaine Earnings. 56,700 Dividends $500 Service Revenue, $24,100; Salanes Expense, $14.700; and Rent Expense, $7700. No common stock was issued during the year Prepare the statement of stockholders' equity for the year ended December 31, 2021. (Amounts to be deducted should be entered with minus sign.) SPIDERS CORPORATION Statement of Stockholders' Equity For the year ended December 31, 2021 Common Retained Total Stock Earnings Stockholders Equity 17,000 $ 6,700 s 23.700 Balance at January 1 Add Net Income for 2021 Less Dividends Balance at December 31 (500) (500) 17.000

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