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Prepare the statement of stockholders equity

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Question - At the beginning of the year (January 1), a company has $12,000 of common stock outstanding and retained earnings of $7,700. During the year, the company reports net income of $8,000 and pays dividends of $2,700. In addition, the company issues additional common stock for $7,500.

Required - Prepare the statement of stockholders' equity at the end of the year (December 31).

Reference no: EM132483386

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