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Power Drive Corporation designs and produces a line of golf equipment and golf apparel Power Drive hos 100.000 shares of common stock outstanding as of

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Power Drive Corporation designs and produces a line of golf equipment and golf apparel Power Drive hos 100.000 shares of common stock outstanding as of the beginning of 2021 Power Drive has the following transactions affecting stockholders' equity in 2021 March 1 Ivet 60,000 adational shores of 51 par value common stock for $57 per share Hry 1e Purchase 5,500 shares of treasury stock for $6 per share. June 1-Declares cash dividend of $1.75 per Share to all stockholders of record on June 15. Uniti Dividends are not paid on treasury stock) July 1 Pays the cash dividend declared on June 1 October seis 2,750 shares of treasury stock purchased on May 10 for sober share Power Dave Corporation has the following beginning balances in its stockholders equity accounts on January 1, 2021 Common Stock $100.000 Additional Paid in Capital $5,000,000, and Retained Earnings $2.500,000. Net income for the year ended December 31 2025650.000 Required: Prepare the statement of Mockholders equity for Power Drive Corporation for the year ended December 31, 2021 (Amounts to be deducted should be indicated by a minus sign.)

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