Answer:
Postal Service
The amount that would be reported for Stockholders' Equity at December 31, 2015 is:
= $130,000.
Explanation:
a) Trial Balance
December 31, 2015:  
Cash                                         $15,000
Accounts receivable                   11,000
Supplies                                       4,000  
Prepaid insurance (12-month)    6,000 
Equipment                               210,000
Accounts payable                                    $ 18,000
Accumulated depreciation – equipment  28,000 
Note payable, due 6/30/16                        70,000 
Common stock                                           42,000 
Retained earnings (1/1/15)                          60,000 
Dividends                                   14,000
Service revenue                                        133,000 
Advertising expense                 21,000 
Depreciation expense              12,000 
Insurance expense                    3,000 
Rent expense                           17,000 
Salaries and wages expense 32,000 
Supplies expense                     6,000
Totals                                   $351,000 $351,000
Income Statement for the year ended December 31, 2015
Service revenue                                      $133,000 
Advertising expense                 21,000 
Depreciation expense              12,000 
Insurance expense                    3,000 
Rent expense                           17,000 
Salaries and wages expense 32,000 
Supplies expense                     6,000     $91,000
Net income                                              $42,000
Statement of Retained Earnings
For the year ended December 31, 2015
Retained earnings (1/1/15)                        $60,000
Net income                                                 42,000 
Dividends                                                    (14,000)
Retained earnings (December 31, 2015) $88,000
Equity:
Common stock     $42,000
Retained earnings  88,000
Total equity         $130,000