UD Acaden X D Acader x 621447 x fall2019 Sel now.com/ilrn/take Assignment/takeAssignmentMain.do?invoker=assignments eBook B4 Show Me How Calculator Statement of stockholders' equity Financial information related to Organic Products Company for the month ended June 30, 2099, is as follows: Net income for June $ 115,000 Dividends paid in June 25,000 Common stock, June 1, 2019 180,000 Common stock issued in June 50,000 Retained earnings, June 1, 2019 1,630,000 a. Prepare a statement of stockholders' equity for the month ended June 30, 2019. Organic Products Company Statement of Stockholders' Equity For the Month Ended June 30, 2049 Common Stock Retained Earnings Total Balances, June 1, 2049 V 180.000 1.630,000 $1,810,000 Issued common stock V B O X Net income 1.630.000 Dividends 25.000 25,000 Balances, June 30, 2049 b. Why is the statement of stockholders' equity prepared before the June 30, 2019, balance sheet? The statement of stockholders' equity is prepared before the June 30, 2019, balance sheet because common sto Check My Work Correct - Pock