On January 1,2022, Oriole Inc. had the following stockholders' equity balances. During 2022, the following transactions and events occurred. 1. Issued 115,000 shares of \$2 par value common stock as a result of 15% stock dividend declared on December 15,2023. 2. Issued 57,500 shares of common stock for cash at $4 per share. 3. Purchased 22,000 shares of common stock for the treasury at $5 per share. 4. Declared and paid a cash dividend of $112,000. 5. Sold 8,000 shares of treasury stock for cash at $5 per share. 6. Earned net income of $365,000. Prepare a stockholders' equity statement for the year. (lf an amount reduces the occount balance then enter with negative sign preceding the number es. 45 or parentheses es. (45)) Oriole inc. Stockholders' Equity statement (in thousands, except shares) Common Stock Pald-in Capital in Excess of Par - Common Stock Common Stock Dividends Distributable Treasury Stock Balances, Jan1 5 5 5 Issued 115000 share for stock dividend Iswued 57,500 shares tor cash Purchned 22000 shares of treanury stock Declared canh dividend Sold 8.000 shares of treasury stock Net income. for year Balancer Dec. 31 Treasury Stock Retained Earnings Total s \$ s 5 5 5