Answer:
Spiders Corporation
statement of stockholders' equity
for the year ended 31th December 2018
Common Stock Retained Earings Total
Balance Jan 1 21,000 7,100 28,100
Net Earnings 2,100 2,100
Dividends -1,000 -1,000
Balance, Dec 31 21,000 8,200 29,200
Explanation:
To know the retained earnings we will need to calculate the net income. which is revenues less expenses.
Service Revenue, 25,300
Salaries Expense, (15,100)
Rent Expense (8,100)
net income 2,100
Then we will subtract the dividends of 1,000
