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E1-13 (Algo) Preparing a Statement of Stockholders' Equity L01-1 Plummer Stonework Corporation was organized on...

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E1-13 (Algo) Preparing a Statement of Stockholders' Equity L01-1 Plummer Stonework Corporation was organized on January 1, 2017. For its first two ye Net income for 2017 Net income for 2018 Dividends for 2017 Dividends for 2018 Total assets at the end of 2017 Total assets at the end of 2018 Common stock at the end of 2017 Common stock at the end of 2018 $ 31, 309 43,380 14,789 17,809 149,000 258,000 90,000 90,000 Required: On the basis of the data given, prepare a statement of stockholders' equity for 2018. PLUMMER STONEWORK CORPORATION Statement of Stockholders' Equity Common Stock Retained Earnings 90.000 5 Balance December 31, 2017 Less Net income Add: Dividends Balance December 31, 2018 $ 90,000

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