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The following is selected financial information for Osmond Dental Laboratories for 2021 and 2022: 2021 Retained earnings, January 1 $56,000 2022 ? Net income
The following is selected financial information for Osmond Dental Laboratories for 2021 and 2022: 2021 Retained earnings, January 1 $56,000 2022 ? Net income Dividends Common stock 38,000 44,000 15,000 20,000 73,000 2 Osmond issued 4,000 shares of additional common stock in 2022 for $28,000. There were no other stock transactions. Prepare a statement of stockholders' equity for the year ended December 31, 2022 (Amounts to be deducted should be indicated with minus sign.) COSMOND DENTAL LABORATORIES Statement of Stockholders' Equity For the Year Ended December 31, 2022 Balance, January 1, 2022 Common Retained Stock Earnings Total Stockholders Equity 73,000 Balance, December 31, 2022 S 73,000
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