Prepare the December statement of stockholders equity

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Question - Formulating a Statement of Stockholders' Equity from Raw Data Required Crocker Corporation began calendar-year 2019 with stockholders' equity of $100,000, consisting of contributed capital of $70,000 and retained earnings of $30,000. During 2019, it issued additional stock for total cash proceeds of $30,000. It also reported $50,000 of net income, of which $25,000 was paid as a cash dividend to shareholders. Prepare the December 31, 2019 statement of stockholders' equity for Crocker Corporation.

Reference no: EM132863128

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