The following partial balance sheet was prepared for Make Space, Inc., a professional organizing company: On January 1, 2021, the company's retained earnings was $8,000. During 2021, the company reported net income of $3,000 and paid dividends of $1,000 to its shareholders. Which of the following statements is correct? The dividends paid during 2021 were included in the company's total expenses used to calculate net income. The company's total stockholders' equity on 12.31.21 equalled $28,500. The company's common stock on 12.31.21 equalled $500. Cash would have been included in the company's total assets on 12.31.21. The company's retained earnings on 12.31.21 equalled $10,500