Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2049, are as follows. COMMON STOCK Balance 700,000 Jan. 1 Apr. 14 Issued 8,400 shares Balance 336,000 1,036,000 Dec. 31 PAID-IN CAPITAL IN EXCESS OF PAR 112,000 Jan. 1 Apr. 14 Balance Issued 8,400 shares Balance 67,200 179,200 Dec. 31 TREASURY STOCK Aug. 7 Purchased 1,400 shares 51,800 RETAINED EARNINGS TREASURY STOCK Aug. 7 Purchased 1,400 shares 51,800 RETAINED EARNINGS 1,220,000 Mar. 31 June. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend 18,000 Jan. 1 18,000 Dec. 31 18,000 18,000 Dec. 31 Balance Closing (Net income) Balance 183,000 1,331,000 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, 2049 Common Stock $40 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total Balance, Jan. 1, 2049 Issued 8,400 shares of Common Stock Purchased 1,400 shares as Treasury Stock Net Income 1,220,000 Mar. 31 June. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend RETAINED EARNINGS 18,000 Jan. 1 18,000 Dec. 31 18,000 18,000 Dec. 31 Balance Closing (Net income) Balance 183,000 1,331,000 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, 2049 Common Stock $40 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total Balance, Jan. 1, 2049 Issued 8,400 shares of Common Stock Purchased 1,400 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2019