Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2019, are as follows. COMMON STOCK an. 1 1,700,000 \Apr, 14 Balance Issued 15,600 shares Balance Dec. 31 780,000 2,480,000 PAID-IN CAPITAL IN EXCESS OF PAR Jan. 1 Balance 272,000 Apr. 14 Issued 15,600 shares Balance Dec. 31 187,200 459,200 TREASURY STOCK Aug. 7 Purchased 2,600 shares 124,800 RETAINED EARNINGS Balance Mar. 31 June 30 Dividend Dividend 2,960,000 44,000 Jan. 1 44,000 Dec 31 Closing 2,960,000 Mar. 31 June 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend RETAINED EARNINGS 44,000 Jan 1 44,000 Dec. 31 44,000 44,000 Dec. 31 Balance Closing (Net income) Balance 444.000 3,228,000 Prepare a statement of stockholders' equity for the year ended December 31, 2019 If an amount is zero or an entry is not required, leave the box blank. Also, If an amount reduces Stockholders' Equity, then add "minus" sign. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2019 Common Stock $50 Par Paid-in Capital in Excess of Par Treasury Stock Retained Earnings Balance, Jan 1, 2019 Issued 15,600 shares of Common Stock Purchased 2,600 shares as Treasury Stock Total Net Income Dividends Balance, Dec 31, 2049