Yadier Inc

On January 1, 2010, Yadier Inc. had the following stockholders' equity account balances. 

Common Stock, no-par value (509,000 shares issued) $1,527,000 
Common Stock Dividends Distributable 211,000 
Retained Earnings 636,000 


During 2010, the following transactions and events occurred. 

Issued 55,990 shares of common stock as a result of a 11 % stock dividend declared on December 15, 2009. 

Issued 28,000 shares of common stock for cash at $6 per share. 

Corrected an error that had understated the net income for 2008 by $72,000. 

Declared and paid a cash dividend of $77,000. 

Earned net income of $334,000. 

Instructions
Prepare the stockholders' equity section of the balance sheet at December 31, 2010. 

YADIER INC. 
Stockholders' Equity Section of Balance Sheet 
December 31, 2010

Stockholders' equity 
Paid-in capital 
Capital stock 
Common stock, no-par value, 
shares issued and outstanding $ 
Retained earnings 

Total stockholders' equity $