Statement of Shareholders' Equity On January 1, 2019, Osgood Film Studios reported the following alphabetical list of shareholders' equity items: Additional paid-in capital on common stock $141,525 Additional paid-in capital on preferred stock 19,800 Common stock, $2 par 66,600 Preferred stock, $100 par 99,000 Retained earnings 151,000 During 2019, the company sold 4,800 shares of common stock for $14 per share and 460 shares of preferred stock for $132 per share. It also earned income of $100,000 and paid dividends of $10 per share on the preferred stock and $2.40 per share on the common stock outstanding at the end of 2019. Required: Prepare Osgood's statement of shareholders' equity (include retained earnings) for 2019. OSGOOD FILM STUDIOS Statement of Shareholders' Equity For Year Ended December 31, 2019 Additional Additional Preferred Common Stock Stock Paid-in Capital Paid-in Capital Retained $100 par $2 par on Preferred Stock on Common Stock Earnings Total $ Balances, 1/1/19 Common stock issued Preferred stock issued Net income Balances, 1/1/19 Common stock issued Preferred stock issued Net income Cash dividend paid on preferred Cash dividend paid on common Balances, 12/31/19 Preferred Common Stock Stock $100 par $2 par $ $ $ Additional Additional Paid-in Capital Paid-in Capital Retained on Preferred Stock on Common Stock Earnings Total