2. Journalize the entries to record the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 15. Paid cash dividends of $0.12 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $21,600. Date Account Debit Credit Jan. 15 Mar. 15. Sold all of the treasury stock for $17 per share. Date Account Debit Credit Mar. 15 Apr. 13. Issued 40,000 shares of common stock for $720,000 Date Account Debit Credit Apr. 13 June 14. Declared a 5% on common stock, to be capitalized at the market price of the stock, which is $20 per share. Date Account Debit Credit June 14 July 16. Issued stock for stock dividend declared on June 14. Date Account Debit Credit July 16 Oct. 30. Purchased 13,000 shares of treasury stock for $19 per share. Date Account Debit Credit Oct. 30 Dec. 30. Declared a $0.15-per-share dividend on common stock. Date Account Debit Credit Dec. 30 Dec. 31. Closed the two dividends accounts to Retained Earnings. Date Account Debit Credit Dec. 31 3. Prepare a statement of stockholders equity for the year ended December 31, 20Y1. Assume that net income was $4,722,000 for the year ended December 31, 20Y1. For those boxes in which you must enter subtracted or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank or enter 0. Nav-Go Enterprises Inc. Statement of Stockholders Equity For the Year Ended December 31, 20Y1 Common Stock Paid-In Capital in Excess of Stated Value Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock Total $ $ $ $ $ $ $ $ $ $ $ $ 4. Prepare the Stockholders Equity section of the December 31, 20Y1, balance sheet. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Nav-Go Enterprises Inc. Balance Sheet December 31, 20Y1 Stockholders' Equity Paid-In Capital: Total Paid-In Capital Total Total Stockholders' Equity