On January 1, 2016 Hammer Company listed the following shareholders' equity section of its balance sheet:

Contributed Capital:
Common stock, $1 par	$ 150,000
Additional paid-in capital on common stock	$ 300,000
Total Contributed Capital	$ 450,000
Retained Earnings	$ 758,000
Accumulated other comprehensive income	$ 14,500
Total Shareholders' Equity	$ 1,222,500

During 2016, the following transactions and events occurred and were recorded:
1.)	Hammer issued 50,000 shares of common stock at $3 per share.
2.)	Hammer earned net income of $175,900.
3.)	Hammer paid a cash dividend of $.10 per share of common stock
4.)	Hammer had an unrealized loss associated with some available-for-sale securities in the amount of $1,450.

Required: Prepare Hammer's statement of shareholders' equity for 2016.