Retained earnings and balance sheet data: Accounts payable $194,300 Accounts receivable 545,000 Accumulated depreciationoffice buildings and equipment 1,580,000 Accumulated depreciationstore buildings and equipment 4,126,000 Allowance for doubtful accounts 8,450 Bonds payable, 5%, due in 10 years 500,000 Cash 282,850 Common stock, $20 par (400,000 shares authorized; 85,000 shares issued, 94,600 outstanding), January 1, 20Y8 1,700,000 Dividends: Cash dividends for common stock 155,120 Cash dividends for preferred stock 100,000 Goodwill 700,000 Income tax payable 44,000 Interest receivable 1,200 Inventory (December 31, 20Y8), at lower of cost (FIFO) or market 778,000 Office buildings and equipment 4,320,000 Paid-in capital from sale of treasury stock, January 1, 20Y8 0 Paid-in capital in excess of parcommon stock, January 1, 20Y8 736,800 Paid-in capital in excess of parpreferred stock, January 1, 20Y8 70,000 Preferred 5% stock, $80 par (30,000 shares authorized; 16,000 shares issued), January 1, 20Y8 1,280,000 Premium on bonds payable 19,000 Prepaid expenses 27,400 Retained earnings, January 1, 20Y8 8,197,220 Store buildings and equipment 12,560,000 Treasury stock, January 1, 20Y8 0

b. Prepare a statement of stockholders equity for the year ended December 31, 20Y8. Decreases in equity and purchase should be entered as negative amounts by using a minus sign. If your answer is zero, enter 0.

Equinox Products Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20Y8
	Preferred Stock	Paid-In Capital in Excess of Par Preferred Stock	Common Stock	Paid-In Capital in Excess of Par Common Stock	Paid-In Capital from Sale of Treasury Stock	Retained Earnings	Treasury Stock	Total
Balances, January 1	$	$	$	$	$	$	$	$
Issued Common Stock
Issued Preferred Stock
Net income
Cash dividends
Sale of treasury stock
Purchase of treasury stock
Balances, December 31	$	$	$	$	$	$	$	$