The following information applies to the questions displayed below.] Milea Inc. experienced the following events in Year 1, its first year of operations:

Received $14,000 cash from the issue of common stock.

Performed services on account for $45,000.

Paid the utility expense of $1,050.

Collected $37,560 of the accounts receivable.

Recorded $9,800 of accrued salaries at the end of the year.

Paid a $1,200 cash dividend to the stockholders.

b-2. Prepare the statement of changes in stockholders' equity. MILEA,INC Statement of Changes in Stockholders' Equity For the Year Ended December 31, Year 1 Beginning common stock Ending common stock Beginning retained earnings Ending retained earnings Total stockholders' equity 0