Statement of Shareholders' Equity Example: Stanley, Inc. reported the following information for the year of 2016: Stanley is a calendar year corporation. Net Income of $120,000 Declared and paid a cash dividend of $10,000 Unrealized loss on AFS Securities of $60,000 The company issued 1,000 shares of common stock for $20 per share Stanley reported the following account balances at January 1, 2016 (beginning of year): Common Stock, $5par Additional Paid-In Capital, common stock Accumulated Other Comprehensive Income Retained Earnings $ 30,000 320,000 80,000 90,000 Required: Prepare a statement of stockholders' equity. APIC-C AOCI Total Common Stock 30,000 Retained Earnings 90,000 320,000 80,000 520,000 Balance 1/1 Net Income Dividends Unrealized loss on AFS Issued CS Balance 12/31 Entry to record issuance of common stock during 2016: Date Account Description Debit Credit