The stockholders?? equity T accounts of Life??s Greeting Cards Inc. for the current fiscal year ended December 31, 2012, are as follows. Prepare a statement of stockholders?? equity for the fiscal year ended December 31, 2012.

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COMMON STOCK Jan. 1 Balance 3,000,000 Mar. 7 Issued 27,000 shares 1,350,000 Dec. 31 Balance 4,350,000 PAID-IN CAPITAL IN EXCESS OF PAR Jan. I Balance Mar. 7 Issued 480,000 27,000 shares 324,000 Dec. 31 Balance 804,000 TREASURY STOCK Purchased Aug. 7 4,500 shares 216,000 RETAINED EARNINGS Jan. I Balance 37,500 Mar. 31 Dividend 5,220,000 June 30 Dividend 37,500 Dec. 31 Closing Dividend (net income) Sept. 30 37,500 765,000 Dec. 31 Dividend 37,500 Dec. 31 Balance 5,835,000