On January 1, 2022, Pina Colada Corp. had the following stockholders' equity balances. During 2022 , the following transactions and events occurred. 1. Issued 75,750 shares of 54 par value common stock as a result of 15% stock dividend declared on December 15,2021 2. Issued 29,500 shares of common stock for cash at $5 per share. 3. Purchased 27.000 shares of common stock for the treasury at $6 per share 4. Declared and paid a cash dividend of $119.000. 5. Sold 7.600 shares of treasury stock for cesh at $6 per share. 6. Earned netincome of $303,000. Prepare a stockholders equity statement for the year. flf an amount reduces the occount balance then enter with negative sign preceding the number eg. -45 or parentheses eg. (45).) Pina Colada Corp. Stockholders' Equity State Balances, Jan.1 Issued 75.750 share for stock dividend bsued 29.500 shares for cash Purchased 27,000 shares of treasury stock Declared cash diyidend Sold7,600 shares of treasurystock Net income foryear Balances, Doc 31 =Textbook and Media Pina Colada Corp. holders' Equlty Statement Common Stock Dividends Distributable Treasury Stock Retained Total 5 $ 5 $