Chapter 12 - 11 Statement of The owners' equity in a corporation.Stockholders' Equity

The stockholders equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows.

Common Stock
			Jan. 1	Balance	1,700,000
			Apr. 14	Issued
				15,600 shares	780,000
			Dec. 31	Balance	2,480,000

Paid-In Capital in Excess of Par
			Jan. 1	Balance	272,000
			Apr. 14	Issued
				15,600 shares	187,200
			Dec. 31	Balance	459,200

Treasury Stock
Aug. 7	Purchased
	2,600 shares	124,800

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

Prepare a A summary of the changes in the stockholders' equity in a corporation that have occurred during a specific period of time.statement of stockholders equity for the year ended December 31, 20Y9. If an amount is zero or an entry is not required, leave the box blank.

I-Cards Inc.
Statement of Stockholders Equity
For the Year Ended December 31, 20Y9
	Common Stock $50 Par	Paid-In Capital in Excess of Par	Treasury Stock	Retained Earnings	Total
Balance, Jan. 1, 20Y9	$	$	$	$	$
Issued 15,600 Shares of Common Stock
Purchased 2,600 Shares as Treasury Stock			$
Net Income
Dividends
Balance, Dec. 31, 20Y9	$	$	$	$	$