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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 1,900,000
Apr. 14 Issued
16,800 shares 840,000
Dec. 31 Balance 2,740,000

Paid-In Capital in Excess of Par
Jan. 1 Balance 304,000
Apr. 14 Issued
16,800 shares 201,600
Dec. 31 Balance 505,600

Treasury Stock
Aug. 7 Purchased
2,800 shares 134,400

Retained Earnings
Mar. 31 Dividend 49,000 Jan. 1 Balance 3,310,000
June. 30 Dividend 49,000 Dec. 31 Closing
Sept. 30 Dividend 49,000 (Net income) 497,000
Dec. 31 Dividend 49,000 Dec. 31 Balance 3,611,000

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 $50 Par Paid-In Capital in Excess of Par Treasury Stock Retained Earnings Total
Balance, Jan. 1, 20Y9 $ $ $ $ $
Issued 16,800 Shares of Common Stock
Purchased 2,800 Shares as Treasury Stock $
Net Income
Dividends
Balance, Dec. 31, 20Y9 $ $ $ $ $

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