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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.

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 600,000
Apr. 14 Issued
9,000 shares 270,000
Dec. 31 Balance 870,000

Paid-In Capital in Excess of Par
Jan. 1 Balance 96,000
Apr. 14 Issued
9,000 shares 63,000
Dec. 31 Balance 159,000

Treasury Stock
Aug. 7 Purchased
1,500 shares 42,000

Retained Earnings
Mar. 31 Dividend 15,000 Jan. 1 Balance 1,040,000
June. 30 Dividend 15,000 Dec. 31 Closing
Sept. 30 Dividend 15,000 (Net income) 156,000
Dec. 31 Dividend 15,000 Dec. 31 Balance 1,136,000

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.

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I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2049 Common Stock $30 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total Balance, Jan. 1, 2049 Issued 9,000 Shares of Common Stock Purchased 1,500 Shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2049

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