Power Drive Corporation designs and produces a line of golf equlpment and golf apporet. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockhoiders' equity in 2021. Karch 1 Insuen 65,000 additionsl thares of 11 par valve common stoek for 162 per ohare. Hay 16 Purchanes 6,000 abares of treasury stoek for 565 por ohare. bot paid on treatury utoek.) July 1 Fayn the cank dividend declared on June 1. oetobet 21 Reae 21 is 3,000 sbaren of treasury btoek purehased on May 10 foe 170 per share. Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Common Stock. $100,000; Additional Paid in Capital, $5,500,000; and Retained Earnings, $3,000,000. Net income for the year ended December 31, 2021,15$700,000 Required: Prepare the statement of stockholders' equity for Power Drive Corporation for the year ended December 31, 2021, (Amounts to be deducted should be indicated by a minus sign.)