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 Issued 14,400 shares Balance 1,000,000 Apr. 14 432,000 Dec. 31 1,432,000 PAID-IN CAPITAL IN EXCESS OF PAR an. 1 Apr. 14Issued Balance 160,000 14,400 shares 100 800 260,800 Dec. 31 Balance TREASURY STOCK Aug. 7 Purchased 2,400 shares 67,200 RETAINED EARNINGS