Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2024. Power Drive has the following transactions affecting stockholders' equity in 2024. March 1 Issues 64,002 additional shares of $1 par value connon stock for $61 per share. May 10 Purchases 5,900 shares of treasury 5 tock for $64 per share. June 1 Declares a cash dividend of $1.95 per share to atl stockholders of record on June 15. (Hint: Dividends are July 1 Pot paid on the cash dividend declared on June 1. October 21 Resells 2,950 shares of treasury stock purchased on May 10 for 569 per share. Power Drive Corporation has the following beginning balances in its stockholders' equity accounts on January 1, 2024: Common Stock. $100,000; Additional Paidin Capital, $5,400,000; and Retained Earnings, $2,900,000. Net income for the year ended December 31 , 2024 , is $690,000 Required: Prepare the statement of stockhoiders' equity for Power Drive Corporation for the year ended December 31, 2024. (Amounts to be deducted should be indicated by a minus sign.)