At the end of the 2014 annual reporting period, Barnard Corporations balance sheet showed the following:

BARNARD CORPORATION Balance Sheet At December 31, 2014

Stockholders equity

Contributed capital

Common stock (par $10; 6,900 shares) $69,000

Paid-in capital 15,000

Total contributed capital 84,000

Retained earnings 41,000

Total stockholders equity$125,000

During 2015, the following selected transactions (summarized) were completed:

a.	Sold and issued 1,800 shares of common stock at $29 cash per share (at year-end).
b.	Determined net income, $44,000.
c.	Declared and paid a cash dividend of $3 per share on the beginning shares outstanding.

Required:

Prepare a statement of stockholders equity for the year ended December 31, 2015.

BARNARD CORPORATION Statement of Stockholders' Equity Common Stock Total Paid-in Capital Retained Shares Earnings Stockholders Amount Equity Balances as of December 31, 2014 Balances as of December 31, 2015