what is the statement of the stockholders equity?

Multiple-step income statement and balance sheet Multiple-step income statement and balance sheet The following selected accounts and their current balances appear in the ledger of Clairemont Co for the fiscal year ended May 31,20Y2 : Multiple-step income statement and balance sheet Required: 1. Prepare a multiple-step income statement. 2. Prepare a statement of stockholders'equity Additional common stock of $575,000 was issued during the year ended May 31,20Y2 3. Prepare a balance sheet, assuming that the current portion of the note payable is $58,000. 4. Briefy explain how mulfiple-step and single-step income statements differ. 2. Prepare a statement of stockholders' equity. Additional common stock of $75,000 was issued during the year ended May 31,20Y2. Statement of Steckhalders' Equity Instructions Instructions Labols and Amount Descriptions Income Statement Instructions Advertising expense 547,800 Statement of Stockholders' Equity Statement of Stockhoiders' Equity (Label) 1 Common Stock Retained Total 2 3 Eamings