Court casuals has the following beginning balances in its stockholders' equity accounts on january 1, 2021: common stock, $110,000; additional paid-in capital, $4,100,000; and retained earnings, $3,000,000. net income for the year ended december 31, 2021, is $800,000. court casuals has the following transactions affecting stockholders' equity in 2021: may 18 issues 25,000 additional shares of $1 par value common stock for $60 per share. may 31 repurchases 3,500 shares of treasury stock for $40 per share. july 1 declares a cash dividend of $1 per share to all stockholders of record on july 15. hint: dividends are not paid on treasury stock. july 31 pays the cash dividend declared on july 1.august 10 reissues 2,750 shares of treasury stock purchased on may 31 for $56 per share. taking into consideration all the entries described above, prepare the statement of stockholders' equity for the year ended december 31, 20121, using the format provided.