1- The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are as follows.

COMMON STOCK

Jan. 1 Balance 1,700,000

Apr. 14 Issued

15,000 shares 750,000

Dec. 31 Balance 2,450,000

PAID-IN CAPITAL IN EXCESS OF PAR

Jan. 1 Balance 272,000

Apr. 14 Issued

15,000 shares 180,000

Dec. 31 Balance 452,000

TREASURY STOCK

Aug. 7 Purchased

2,500 shares 120,000

RETAINED EARNINGS

Mar. 31 Dividend 44,000 Jan. 1 Balance 2,960,000

June. 30 Dividend 44,000 Dec. 31 Closing

Sept. 30 Dividend 44,000 (Net income) 444,000

Dec. 31 Dividend 44,000 Dec. 31 Balance 3,228,000

Construct a statement of stockholders' equity for the year ended December 31, 20Y9.