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Make the statement of stockholders equity at end of year

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Reference no: EM132734942

At the beginning of the year (January 1), a company has $11,000 of common stock outstanding and retained earnings of $7,600. During the year, the company reports net income of $7,900 and pays dividends of $2,600. In addition, the company issues additional common stock for $7,400.

Required:

Problem 1: Prepare the statement of stockholders' equity at the end of the year (December 31).

Reference no: EM132734942

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