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  3. brenda tooley owns and operates \$peedy dolivery s

Brenda Tooley owns and operates \$peedy Dolivery Services. On January 1, 20Y7, Common Slock had...

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Accounting

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Brenda Tooley owns and operates \$peedy Dolivery Services. On January 1, 20Y7, Common Slock had a balance of \$50,000, and Retained Earnings had a balance of \$810,500. During the year, $17,000 of addsional common stock was issied, and $12,000 of dividends were paid. For the year ended December 31,20Y7. Speedy Delivery reported a net incomie of $66.750. Required: Prepare a statement of stachalders' equily for the year ended Decomber 31, 20Y7. Labels and Amount Descriptions Labels For the Year Ended December 31, 20Y7 December 31, 20Y7 Amount Descriptions Balances, January 1, 20Y7 Balances, December 31, 20Y7 Dividends Issued common stock Net income Net loss Statement of Stockhoiders' Equily instructions \begin{tabular}{|l|l|l|l|l|} \hline Statement of Stockholders' Equity & Statement of Stockholders' Equity \\ \hline & (Label) & & \\ \hline \end{tabular}

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