On January 1, 2020, Blossom Inc had the following stockholders' equity balances. During 2020, the following transactions and events occurred. 1. Issued 55,000 shares of $2 par value common stock as a result of 15% stock dividend dectared on December 15,2021. 2. Issued 27,500 shares of common stock for cash at $4 per share. 3. Purchased 32,000 shares of common stock for the treasury at $5 per share. 4. Declared and paid a cash dividend of $112,000. 5. Sold 6,000 shares of treasury stock for cashat $5 per share. 6. Earned net income of $400,000. Prepare a stockholders equity statement for the year. (If an amount reduces the account balance then enter with negative sign preceding Prepare a stockholders' equity statement for the year, (Of an amount reduces the account balance then enter with negative sign preceding the number es: -45 or porentheses es (45))