Statement of Stockholders' Equity

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

COMMON STOCK
			Jan. 1	Balance	900,000
			Apr. 14	Issued
				9,600 shares	384,000
			Dec. 31	Balance	1,284,000

PAID-IN CAPITAL IN EXCESS OF PAR
			Jan. 1	Balance	144,000
			Apr. 14	Issued
				9,600 shares	76,800
			Dec. 31	Balance	220,800

TREASURY STOCK
Aug. 7	Purchased
	1,600 shares	59,200

RETAINED EARNINGS
Mar. 31	Dividend	23,000	Jan. 1	Balance	1,570,000
June. 30	Dividend	23,000	Dec. 31	Closing
Sept. 30	Dividend	23,000		(Net income)	236,000
Dec. 31	Dividend	23,000	Dec. 31	Balance	1,714,000

Prepare a statement of stockholders’ equity for the year endedDecember 31, 20Y9.

If an amount is zero or an entry is not required, leave the boxblank. Also, if an amount reduces Stockholders' Equity, then add"minus" sign.

I-Cards Inc.
Statement of Stockholders' Equity
For the Year Ended December 31, 20Y9
	Common Stock $40 Par	Paid-In Capital in Excess of Par	Treasury Stock	Retained Earnings	Total
Balance, Jan. 1, 20Y9	$	$	$	$	$
Issued 9,600 shares of Common Stock
Purchased 1,600 shares as Treasury Stock
Net Income
Dividends
Balance, Dec. 31, 20Y9	$	$	$	$	$

Dakota Inc. and Jersey & Company are two large companiesthat manufacture and sell equipment used in the construction,mining, agricultural, and forestry industries. The companiesreported the following data (in millions) for two recent years:

	Dakota				Jersey
	Year 2		Year 1		Year 2		Year 1
Net income	$2,112		$3,725		$1,935		$3,207
Average number of common shares outstanding	594		599		334		363

a. Determine the earnings per share in Year 2and Year 1 for each company. Round your answers to two decimalplaces.

	Year 2	Year 1
Dakota	$ per share	$ per share
Jersey	$ per share	$ per share