Company A designs and produces a line of golf equipment and golf apparel. Company A has 100,000 shares of common stock outstanding as of the beginning of Year 1. Company A has the following transactions affecting stockholders' equity in Year 1.

March		1		Issues 51,000 additional shares of $1 par value common stock for $48 per share.
May		10		Purchases 4,600 shares of treasury stock for $51 per share.
June		1		Declares a cash dividend of $1.30 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.)
July		1		Pays the cash dividend declared on June 1.
October		21		Resells 2,300 shares of treasury stock purchased on May 10 for $56 per share.

Company A has the following beginning balances in its stockholders' equity accounts on January 1, Year 1: Common Stock, $100,000; Additional Paid-in Capital, $4,100,000; and Retained Earnings, $1,600,000. Net income for the year ended December 31, Year 1, is $560,000. Required: Prepare the statement of stockholders' equity for Company A for the year ended December 31, Year 1. (Amounts to be deducted should be indicated by a minus sign.)