Court Casuals has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Common Stock, $90,000; Additional Paid-in Capital, \$4,100,000; and Retained Earnings, \$2,000,000. Net income for the year ended December 31, 2024, is $700,000. Court Casuals has the following transactions affecting stockholders' equity in 2024: May 18 Tasues 23,000 additional thares of $1 par value coman stoek for 560 per ahare. Kay 31 Furchanen 4,000 shares of treasury stock tor $45 per share. Jaly 1 Deolares a cash dividend of $3 per share to all stookholdera of record on July 15 . Hinti Dividends-are not: paid on treasury stock. July 31 Pays the canh dividend deelared on July 1. nagust 10 Renelie 2,500 wharen of treasury ntock purehased on May 31 for $54 por share. Required: Taking into consideration all the entries described above, prepare the statement of stockholders' equity for the year ended December 31, 2024. (Amounts to be deducted should be indicated with a minus sign.)