Bluebird Products, Inc, provided the following information from its current-year trial balance.

Bluebird issued $345,000 of no-par common stock on June 30 of the current year. The company is subject to a 40% income tax rate. The beginning balance in common stock was $1,456,000. Prepare a statement of stockholders' equity for the year ended December 31. You will need 10 solve for net income using the given information.

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Bluebird Products, Inc. Trial Balance (Partial) For the Year Ended Đecember 31 Debit Credit Account Reta ned Eanings, Beginning Balance $3.200,950 Accumulated Other Comprehens ve Income Begnning Balance 95,675 D vidends Sa es $76,500 2.200.000 Interest Income 34,500 D vidend Income 12,300 Gain an Disposal of Plant Assets 100,500 Unreal zed GainonTrad ng Investments 86,000 Unrealized Gain on Avai able-for Sale Bonds Before Tax 45,600 Gain due to F cod Damage Before Tax 109,000 Bluebird Products, Inc Trial Balance (Partial) For the Year Ended December 31 Account Debit Credit Cost of Goods So d $750.000 Selling Expenses 20,000 Ofi æ Supp ies Expense 123,500 Amort zation Expense 34,500 Sales Salar es Expense 55,000 Advertising Expense 68 900 Ofice Salaries Expense 78,500 Depreciation Expense 68 00 Accounting and Legal Fees 10.425 Systems Consult ing Fees 44 550 Interest Expense 23,750 Loss on Asset Impa irment 12,350 Loss on Sale of Discontinued Operat ons Before Tax 90,000