At December 31, 19X5, NOVA Corp. of Melbourne, Florida, reported this stockholders' equity:

During 19X6, NOVA completed these transactions and events (listed in chronological order):

a. Declared and issued a 50-percent stock dividend. At the time, NOVA's stock was quoted at a market price of \(\$ 31\) per share.

b. Sold 1,000 shares of treasury stock for \(\$ 36\) per share (cost was \(\$ 31\) ).

c. Issued 500 shares of common stock to employees at the discount price of \(\$ 28\) per share.

d. Net income for the year, \(\$ 340,000\).

e. Declared cash dividends of \(\$ 180,000\), to be paid early in \(19 \mathrm{X} 7\).
\section*{Required}
Prepare NOVA Corp.'s statement of stockholders' equity for 19X6.

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Common stock, $5 par, 200,000 shares authorized, 120,000 shares issued........... Additional paid-in capital... Retained earnings. Treasury stock, 2,500 shares at cost... $ 600,000 3.100,000 1,700,000 (78,000) $5,322,000