At the beginning of 2015, Artichoke Academy reported a balance in common stock of $160,000 and a balance in retained earnings of $40,000. During the year, the company issued additional shares of stock for $30,000, earned net income of $25,000, and paid dividends of $12,000. In addition, the company reported balances for the following assets and liabilities on December 31.

Required:
1. Prepare a statement of stockholders’ equity.
2. Prepare a balancesheet.

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Liabilities Accounts payable S8,100 Assets Cash Supplies Prepaid rent 25,000 Land $23,600 Antspeyable $8.10 13,000 Ued revenue 2,600 Salaries payable Notes payable 3,900 14,000 210,000