Statement of Stockholders' Equity

The stockholders equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 20Y9, are as follows.

COMMON STOCK
			Jan. 1	Balance	1,000,000
			Apr. 14	Issued
				15,000 shares	450,000
			Dec. 31	Balance	1,450,000

PAID-IN CAPITAL IN EXCESS OF PAR
			Jan. 1	Balance	160,000
			Apr. 14	Issued
				15,000 shares	105,000
			Dec. 31	Balance	265,000

TREASURY STOCK
Aug. 7	Purchased
	2,500 shares	70,000

RETAINED EARNINGS
Mar. 31	Dividend	26,000	Jan. 1	Balance	1,740,000
June. 30	Dividend	26,000	Dec. 31	Closing
Sept. 30	Dividend	26,000		(Net income)	261,000
Dec. 31	Dividend	26,000	Dec. 31	Balance	1,897,000

Prepare a statement of stockholders equity for the year ended December 31, 20Y9.

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, 20Y9
	Common Stock $30 Par	Paid-In Capital in Excess of Par	Treasury Stock	Retained Earnings	Total
Balance, Jan. 1, 20Y9	$	$	$	$	$
Issued 15,000 shares of Common Stock
Purchased 2,500 shares as Treasury Stock
Net Income
Dividends
Balance, Dec. 31, 20Y9	$	$	$	$	$