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The following transactions occurred during 2 0 2 1 : February 3 Sold and issued 2 , 0 0 0 shares of common stock for

The following transactions occurred during 2021:
February 3 Sold and issued 2,000 shares of common stock for $22 per share.
May 10 Declared a $0.50 per share dividend on common stock.
October 12 Sold 500 shares of the treasury stock for $20 per share.
December 31 Net income for the year was determined to be $75,000.
Based on the above information, prepare a statement of stockholder's equity for 2021. Use the form below.
Slate Corporation
Statement of Stockholders' Equity
December 31,2021
\table[[,\table[[Common],[Stock]],\table[[Paid-in Capital in Excess],[of Par Value, Common]],\table[[Retained],[Earnings]],\table[[Treasury],[Stock]],\table[[Total],[Equity]]],[\table[[December 31,]],$200,000,$250,000,$500,000,$(20,000),$930,000
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