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The stockholders' equity Taccounts of I-Cards Inc. for the fiscal year ended December 31, 2049, are as follows. COMMON STOCK Jan. 1 1,200,000 Apr. 14

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The stockholders' equity Taccounts of I-Cards Inc. for the fiscal year ended December 31, 2049, are as follows. COMMON STOCK Jan. 1 1,200,000 Apr. 14 Balance Issued 17,400 shares Balance 522,000 1,722,000 Dec. 31 PAID-IN CAPITAL IN EXCESS OF PAR Jan. 1 192,000 Apr. 14 Balance Issued 17,400 shares Balance 121,800 313,800 Dec. 31 TREASURY STOCK Aug. 7 Purchased 2,900 shares 81,200 RETAINED EARNINGS Mar. 31 Dividend 31.000 lan. 1 Balance 2.090.000 RETAINED EARNINGS Balance 2,090,000 Mar. 31 June. 30 Sept. 30 Dec. 31 Dividend Dividend Dividend Dividend 31,000 Jan. 1 31,000 Dec. 31 31,000 31,000Dec. 31 Closing (Net income) Balance 314,000 2,280,000 Prepare a statement of stockholders' equity for the year ended December 31, 2079. 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. I-Cards Inc. Statement of Stockholders' Equity For the Year Ended December 31, 2049 Common Stock $30 Par Paid-in Capital in excess of Par Treasury Stock Retained Earnings Balance, Jan. 1, 2049 Issued 17,400 shares of Common Stock Purchased 2,900 shares as Treasury Stock Net Income Total Dividends Balance, Dec 31, 2019

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