Morrow Enterprises Inc. manufactures bathroom fixtures. Morrow Enterprises stockholders equity accounts, with balances on January 1, 20Y6, are as follows: Common stock, $20 stated value (500,000 shares authorized, 367,000 shares issued) $7,340,000 Paid-In Capital in Excess of Stated ValueCommon Stock 844,100 Retained Earnings 33,388,000 Treasury Stock (22,800 shares, at cost) 387,600 The following selected transactions occurred during the year: Jan. 22 Paid cash dividends of $0.09 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $30,978. Apr. 10 Issued 71,000 shares of common stock for $23 per share. Jun. 6 Sold all of the treasury stock for $27 per share. Jul. 5 Declared a 3% Stock dividend on common stock, to be capitalized at the market price of the stock, which is $26 per share. Aug. 15 Issued the certificates for the dividend declared on July 5. Nov. 23 Purchased 28,000 shares of treasury stock for $18 per share. Dec. 28 Declared a $0.09-per-share dividend on common stock. 31 Closed the two dividends accounts to Retained Earnings. Prepare a statement of stockholders equity for the year ended December 31, 20Y6. Assume that net income was $1,131,500 for the year ended December 31, 20Y6. For those boxes in which you must enter subtracted or negative numbers use a minus sign. If there is an amount is zero, enter "0".*

Morrow Enterprises Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20 Y6 \begin{tabular}{|l|l|l|l|l|l|} \hline & Common Stock & \begin{tabular}{c} Paid-In Capital in \\ Excess of Stated \\ Value \end{tabular} & \begin{tabular}{c} Paid-In Capital \\ from Sale of \\ Treasury Stock \end{tabular} & \begin{tabular}{c} Retained \\ Earnings \end{tabular} & Treasury Stock \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline & & & & \\ \hline \end{tabular} Points