holders' Dec. 31, 587,000 ATE EX 12-22 Statement of stockholders' equity Obj. 6 The stockholders' equity T accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows. Prepare a statement of stockholders' equity for the year ended December 31, 2019. Common Stock Jan. 1 Balance 4,800,000 Apr. 14 Issued 30,000 shares 1,200,000 Dec. 31 Balance 6,000,000 Paid-In Capital in Excess of Par Jan. 1 Balance 960,000 Apr. 14 Issued 30,000 shares 300,000 Dec. 31 Balance 1,260,000 Treasury Stock Aug 7 Purchased 12,000 shares 552,000 Retained Earnings Mar. 31 Dividend June 30 Dividend Sept. 30 Dividend Dec. 31 Dividend 69,000 Jan. 1 Balance 11,375,000 69,000 Dec. 31 Closing 69,000 (net income) 3,780,000 69,000 Dec. 31 Balance 14,879,000