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. InstructionsPrepare the stockholders’ equity section of the balance sheet at December 31, 2010. YADIER INC. Stockholders’ Equity Section of Balance Sheet December 31, 2010shares issued and outstanding $ Retained earnings Total stockholders’ equity $