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Saved Help Save & Exit Subm 16 CABILISE IA ripore DLLNINI UI DWULATIVIUS wyry ILUSI Check my work 1 bits At the beginning of the year (January 1. Buffalo Driling has 511,000 of common stock outstanding and retained earnings of $8.200 During the year, Buffalo reports net income of $8.500 and pays dividends of $3,200. In addition, Buffalo issues additional common stock for $8.000 Required: Prepare the statement of stockholders' equity at the end of the year (December 31, Bock A BUFFALO DRILLING Statement of Stockholders' Equity For the Year Ended December 31 Retained Common Stock Earnings Print Total Stockholders Equity Beginning balance Ending balance Mc Graw Pres 16 17 18 Ned>