$ 540.000.00 At the beginning of 2018, Johnsons Corporation's stockholders' equity consisted of the following: Common stock, $20 par value, 50,000 shares authorized 27000 shares issued. Paid-In capital in excess of par value common stock Retained earnings Total stockholders' equity. $ $ $ 140,000.00 130.000.00 810,000.00 During the year, the company completed these transactions June 6th Purchased 5,000 shares of treasury stock at $39 per share. June 23rd July 25th Aug. 10th Oct. 20th Dec 15th The directors voted a $0.35 per share cash dividend payable on July 25 to the July 20 stockholders of record. Paid the dividend declared on June 23 Sold 2.500 of the treasury shares at $44 per share. Sold 2,500 of the treasury shares at $38 per share. The directors voted a $0.50 per share cash dividend payable on January 20 to the January 15 stockholders of record, and they voted a 2% stock dividend distributable on January 30 to the January 20 stockholders of record, The market value of the stock was $40 per share Closed the Income Summary account and carried the company's $70,000 net income to Retained Earnings Dec. 31st A Prepare a retained earnings statement for the year and the stockholders' equity section of the company's year-end balance sheet