on 1-1-13, Powder Company provided the following shareholders equity section of its balance sheet:
Contrbiuted capital: Preferred stock $100 par $92800
Common stock $5 par $37400
add. paid in capital on preferred stock $21500
add. paid in capital on common stock $58700 Total CC $210400
Retained earnings $185700
Total Shareholders equity $396100.
Powder issued 1800 shares of common stock at $13 per share
Powder issued 340 shared of preferred stock at $130 per share
Powder earned net income of $38950
Powder paid $7 per share dividend on preferred stock and $1 on common stock outstanding end of 2013
Please prepare statement of shareholders equity (include retained earnings for 2013. In word format.