Add Order Status to Last 5 Orders on Magento Admin Dashboard

Grid.php

<?php

/* 
Copy app/code/core/Mage/Adminhtml/Block/Dashboard/Orders/Grid.php
To 
app/code/local/Mage/Adminhtml/Block/Dashboard/Orders/Grid.php

Open your local copy of Grid.php and around line 114 add the following:
*/
    $this->addColumn('status', array(
    'header' => Mage::helper('sales')->__('Status'),
    'index' => 'status',
    'type'  => 'options',
    'width' => '70px',
    'sortable'  => false,
    'options' => Mage::getSingleton('sales/order_config')->getStatuses(),
    ));
?>