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Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2019, are as follows. COMMON STOCK

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Statement of Stockholders' Equity The stockholders' equity T accounts of I-Cards Inc. for the fiscal year ended December 31, 2019, are as follows. COMMON STOCK Jan. 1 Balance 1,400,000 Apr. 14 Issued 15,600 shares 624,000 Dec. 31 Balance 2,024,000 224,000 PAID-IN CAPITAL IN EXCESS OF PAR Jan. 1 32 Balance Apr. 14 Issued 15,600 shares Dec. 31 Balance lan 124,800 Baland 348,800 3. TREASURY STOCK 7 Purchased 2,600 shares 440,000 Mar. 31 Dune. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend AINED EARNINGS 36,000 Jan. 15 36,000 Dec. 31 36,000 36,000 Dec. 31 Closing (Net income) Balance 366.000 2,662,000 2,440,000 Mar. 31 June. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend RETAINED EARNINGS 36,000 Jan. 1 36,000 Dec. 31 36,000 36,000Dec. 31 Balance Closing (Net Income) Balance 366,000 2,662,000 Prepare a statement of stockholders' equity for the year ended December 31, 2049. 1.400 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 1-Cards Inc Statement of Stockholders' Equity For the Year Ended December 31, 2049 Common Stock 540 Par Paid-In Capital In Excess of Par Treasury Stock Retained Earnings Total Balance, Jan. 1, 2049 214,000 Issued 15,600 shares of Common Stock Purchased 2,500 shares as Treasury Stock Net Income Dividends Balance, Dec. 31, 2049 sued 15,600 shar $ 1,400,000

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