JenStar Research Inc.ended 2013 with Retained Earnings of $30,000.During 2014,the company earned net income of $135,000 and declared dividends of $15,000.The company ended 2013 with $80,000 in common shares and $10,000 in $2 preferred shares.Additional common shares were sold in 2014 for $20,000.Complete JenStar Research Inc.'s statement of shareholders' equity for the year ended December 31,2014.

Question

JenStar Research Inc.ended 2013 with Retained Earnings of $30,000.During 2014,the company earned net income of $135,000 and declared dividends of $15,000.The company ended 2013 with $80,000 in common shares and $10,000 in $2 preferred shares.Additional common shares were sold in 2014 for $20,000.Complete JenStar Research Inc.'s statement of shareholders' equity for the year ended December 31,2014.
JenStar Research Inc.ended 2013 with Retained Earnings of $30,000.During 2014,the company earned net income of $135,000 and declared dividends of $15,000.The company ended 2013 with $80,000 in common shares and $10,000 in $2 preferred shares.Additional common shares were sold in 2014 for $20,000.Complete JenStar Research Inc.'s statement of shareholders' equity for the year ended December 31,2014.

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The Answer of JenStar Research Inc.ended 2013 with Retained Earnings of $30,000.During 2014,the company earned net income of $135,000 and declared dividends of $15,000.The company ended 2013 with $80,000 in common shares and $10,000 in $2 preferred shares.Additional common shares were sold in 2014 for $20,000.Complete JenStar Research Inc.'s statement of shareholders' equity for the year ended December 31,2014.