The stockholders’ equity T-accounts of I-Cards Inc. for the year ended December 31, 20Y9, are as follows. Prepare a statement of stockholders’ equity for the year ended December 31, 20Y9.

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Common Stock Jan. 1 Balance 4,800,000 Apr. 14 Issued 30,000 shares 1,200,000 Dec. 31 Balance 6,000,000 Paid-In Capital in Excess of Par Jan. 1 Balance Apr. 14 Issued 960,000 30,000 shares 300,000 Dec. 31 Balance 1,260,000 Treasury Stock Aug. 7 Purchased 12,000 shares 552,000 Retained Eamings Dividend 69,000 Jan. 1 Balance 69,000 Dec. 31 Closing 69,000 69,000 Mar. 31 11,375,000 Dividend Dividend Dividend June 30 Sept. 30 (net income) 3,780,000 Dec. 31 Dec. 31 Balance 14,879,000