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On January 1, 2022, Swifty Corporation had the following stockholders' equity balances.

Common Stock (412,000 shares issued)		$1,648,000
Paid-in Capital in Excess of Par-Common Stock		510,000
Common Stock Dividends Distributable		164,800
Retained Earnings		586,000

During 2022, the following transactions and events occurred.

1.		Issued 41,200 shares of $4 par value common stock as a result of 10% stock dividend declared on December 15, 2021.
2.		Issued 34,000 shares of common stock for cash at $7 per share.
3.		Purchased 25,500 shares of common stock for the treasury at $8 per share.
4.		Declared and paid a cash dividend of $100,000.
5.		Sold 8,200 shares of treasury stock for cash at $8 per share.
6.		Earned net income of $309,000.

Prepare a stockholders' equity statement for the year. (If an amount reduces the account balance then enter with negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Swifty Corporation Stockholders' Equity Statement choose the accounting period For the Year Ending December 31, 2022For the Month Ending December 31, 2022December 31, 2022
	Common Stock		Paid-in Capital in Excess of Par - Common Stock		Common Stock Dividends Distributable		Treasury Stock		Retained Earnings		Total
Balances, Jan. 1	$enter an opening balance in dollars		$enter an opening balance in dollars		$enter an opening balance in dollars		$enter an opening balance in dollars		$enter an opening balance in dollars		$enter an opening balance in dollars
Issued 41,200 share for stock dividend	enter a dollar amount for issue of share for stock dividend		enter a dollar amount for issue of share for stock dividend		enter a dollar amount for issue of share for stock dividend		enter a dollar amount for issue of share for stock dividend		enter a dollar amount for issue of share for stock dividend		enter a dollar amount for issue of share for stock dividend
Issued 34,000 shares for cash	enter a dollar amount for issue of shares for cash		enter a dollar amount for issue of shares for cash		enter a dollar amount for issue of shares for cash		enter a dollar amount for issue of shares for cash		enter a dollar amount for issue of shares for cash		enter a dollar amount for issue of shares for cash
Purchased 25,500 shares of treasury stock	enter a dollar amount for purchase of shares of treasury stock		enter a dollar amount for purchase of shares of treasury stock		enter a dollar amount for purchase of shares of treasury stock		enter a dollar amount for purchase of shares of treasury stock		enter a dollar amount for purchase of shares of treasury stock		enter a dollar amount for purchase of shares of treasury stock
Declared cash dividend	enter cash dividend in dollars		enter cash dividend in dollars		enter cash dividend in dollars		enter cash dividend in dollars		enter cash dividend in dollars		enter cash dividend in dollars
Sold 8,200 shares of treasury stock	enter a dollar amount for sale of shares of treasury stock		enter a dollar amount for sale of shares of treasury stock		enter a dollar amount for sale of shares of treasury stock		enter a dollar amount for sale of shares of treasury stock		enter a dollar amount for sale of shares of treasury stock		enter a dollar amount for sale of shares of treasury stock
Net income for year	enter Net income for year in dollars		enter Net income for year in dollars		enter Net income for year in dollars		enter Net income for year in dollars		enter Net income for year in dollars		enter Net income for year in dollars
Balances, Dec. 31	$enter a total amount		$enter a total amount		$enter a total amount		$enter a total amount		$enter a total amount		$enter a total amount

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