Statement of Shareholders' Equity 1 On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock Additional paid-in capital on preferred stock Common stock, $2 par Preferred stock, $100 par Retained earnings $209,525 10,600 98,600 53,000 169,000 During 2019, the company sold 4,500 shares of common stock for $8 per share and 380 shares of preferred stock for $130 per share. preferred stock and $1.20 per share on the common stock outstanding at the end of 2019. Required: Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019. OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, 2019 Preferred Stock $100 par Balances, 1/1/19 Common stock issued Preferred stock issued Net income Cash dividend paid on preferred Cash dividend paid on common Balances, 12/31/19 Common Stock $2 par Additional Paid-in Capital Additional Paid-in Capital Retained on Preferred Stock on Common Stock Earnings 0000000 income of 1 of $10 per share on the