Directions: Complete the financial statements below based on the information provided Background Information: a) Donald Duck and Friends started when they issued 3,000 shares of $8par value stock on January 1,2018 b) The stock issued at a market price of $13 per share c) During the year, Donald Duck and Friends had revenue of $43,000 d) Donald Duck and Friends paid cash for $18,000 in expenses e) Donald Duck and Friends paid a cash Dividend of $25,000 Donald and Friends Statement of Changes in Stockholders Equity For the Year Ended December 31,2018 $ 39,000 Beginning Common Stock Plus: Issuance of Common Stock Ending Common Stock Beginning Retained Earnings Plus: Net Income Less: Dividend Ending Retained earnings Total Stockholders Equity $ 39,000