The stockholders’ equity T accounts of I-Cards Inc. for the current fiscal year ended December 31, 2014, are as follows. Prepare a statement of stockholders’ equity for the fiscal year ended December 31,2014.

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COMMON STOCK Jan. 1 Balance Apr. 14 Issued 4,800,000 30,000 shares 1,200,000 6,000,000 Dec. 31 Balance Chapter 11 Corporations: Organization, Stock Transactions, and Dividends PAID-IN CAPITAL IN EXCESS OF PAR Jan Balance Apr. 14 Issued 960,000 30,000 shares 300,000 1,260,000 Dec. 31 Balance TREASURY STOCK Aug. 7 Prchased 12,000 shares 552,000 RETAINED EARNINGS Mar. 31 Dividend June 30 Diidend Sept. 30 Dividend Dec. 3 Dividend 69,000 Jan. Balance 69,000 Dec. 31 Closing 69,000 69,000 Dec. 3 Balance 11,375,000 (net income) 3,780,000 14,879,000