Crocker Corporation began calendar-year 2019 with stockholders' equity of $ I00,000, consisting of contributed capital of $70,000 and retained earnings of $30,000. During 20I9, 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.

REQUIRED:

Prepare the December 31, 2019, statement of stockholders' equity for Crocker Corporation.