Statement of Stockholders' Equity

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

Common Stock
			Jan. 1	Balance	800,000
			Apr. 14	Issued
				9,000 shares	360,000
			Dec. 31	Balance	1,160,000

Paid-In Capital in Excess of Par
			Jan. 1	Balance	128,000
			Apr. 14	Issued
				9,000 shares	72,000
			Dec. 31	Balance	200,000

Treasury Stock
Aug. 7	Purchased
	1,500 shares	55,500

Retained Earnings
Mar. 31	Dividend	20,000	Jan. 1	Balance	1,390,000
June. 30	Dividend	20,000	Dec. 31	Closing
Sept. 30	Dividend	20,000		(Net income)	209,000
Dec. 31	Dividend	20,000	Dec. 31	Balance	1,519,000

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.

I-Cards Inc.
Statement of Stockholders Equity
For the Year Ended December 31, 20Y9
	Common Stock $40 Par	Paid-In Capital in Excess of Par	Treasury Stock	Retained Earnings	Total
Balance, Jan. 1, 20Y9	$	$	$	$	$
Issued 9,000 Shares of Common Stock
Purchased 1,500 Shares as Treasury Stock			$
Net Income
Dividends
Balance, Dec. 31, 20Y9	$	$	$	$	$

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