11 Court Casuais has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Common Stock. $100,000; Additional Pald-in Capital $3,800,000; and Retained Earnings, $2,000,000. Net income for the year ended December 31, 2021, is $1,000,000. Court Casuals has the following transactions offecting stockholders' equity in 2021: Sint "May 18 Issues 25,000 additional shares of s1 par value common stock for $50 per share. May 31 Purchases 3.500 shares of treasury stock for $40 per share. July 1 Declares a cash dividend of $2 per share to all stockholders of record on July 15. Hint Dividende are not paid on treasury stock. July 1 Pays the cash dividend declared on July 1. August 10 Resell: 2.250 shares of treasury stock purchased on May 31 for $53 per share. 02:1497 Taking into consideration all the entries described above, prepare the statement of stockholders' equity for the year ended December 31, 2021, using the format provided. (Amounts to be deducted should be indicated with a minus sign.) Tools COURT CASUALS Statement of Stockholders' Equity For the Year Ended December 31, 2021 Common Additional Retained Stock Paiden Earn Capital $ 100,000 $3,800,000 $2,000,000 25,000 975,000 Treasury Stock Total Stockholders Equity $ 5,900,000 Balance, January 1 Isus common stock Purchase treasury stock Cash dividends Resol treasury stock Net income Balance, December 31 (105,000) 66,000 105,000 $ 125,000 54.841,000 $2,000,000 $ 0 $5.900.000