Statement ofStockholders' 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 $1,400,000

Apr. 14 Issued

16,200 shares $648,000

Dec. 31 Balance. $2,048,000

PAID-IN CAPITAL IN EXCESS OF PAR

Jan. 1. Balance. $224,000

Apr. 14 Issued

16,200 shares. $129,600

Dec. 31. Balance. $353,600

TREASURY STOCK

Aug. 7. Purchased

2,700 shares. $99,900

RETAINED EARNINGS

Mar. 31. Dividend. 36,000. Jan. 1. Balance. $2,440,000

June. 30. Dividend. 36,000. Dec. 31. Closing

Sept. 30. Dividend. 36,000 (Net income) $366,000

Dec. 31. Dividend. 36,000. Dec. 31. Balance. $2,662,000

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. Also, if an amount reduces Stockholders' Equity, then add "minus" sign.

Statement of Stockholders' EquityFor the Year Ended December 31, 20Y9

Common Stock $40 ParPaid-In Capital in Excess of Par. Treasury StockRetained EarningsTotal

Balance, Jan. 1, 20Y9

Issued 16,200 shares of Common Stock

Purchased 2,700 shares as Treasury Stock

Net Income

Dividends

Balance, Dec. 31, 20Y9