Question: 2. Preparing the Statement of Stockholders Equity Presented below is financial data for Thomas & Co. as of year-end 2016: Cash Retained Earnings, January 1,

2. Preparing the Statement of Stockholders Equity Presented below is financial data for Thomas & Co. as of year-end 2016: Cash Retained Earnings, January 1, 2016 Building, $19,000 6,000 50,000 120,000 8,000 Common stock Accrued expenses payable Dividends paid (enter as negative) 25 14,000 Net income Stockholders' equity, Jan. 1, 2016 Retained earnings, December 31, 2016 Stockholders' equity, December 31, 2016 181,000 Required Prepare a statement of stockholders' equity for Thomas & Co. as of December 31, 2016 THOMAS & cO. Statement of Stockholders' Equity For the Year Ended December 31, 2016

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