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	4,292,000
		Apr. 14 Issued 28,000 shares	1,036,000
		Dec. 31 Balance	5,328,000

Paid-In Capital in Excess of Par
		Jan. 1 Balance	928,000
		Apr. 14 Issued 28,000 shares	336,000
		Dec. 31 Balance	1,264,000

Treasury Stock
Aug. 7 Purchased 11,500 shares	517,500

Retained Earnings
Mar. 31 Dividend	73,300	Jan. 1 Balance	11,747,600
June 30 Dividend	73,300
Sept. 30 Dividend	73,300	Dec. 31 Closing (net income)	4,067,600
Dec. 31 Dividend	73,300	Dec. 31 Balance	15,522,000

Prepare a statement of stockholders equity for the fiscal year ended December 31, 20Y9 using the table provided.

I-Cards Inc.

Statement of Stockholders Equity

For the Year Ended December 31, 20Y9

1		Common Stock, $37 par	Paid-In Capital in Excess of Par	Treasury Stock	Retained Earnings	Total
2
3
4
5
6
7