$(8)$ please help finish filling out part $a,b$ & $c$

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Required information

$[$The following information applies to the questions displayed below.$]$

Sun Corporation received a charter that authorized the issuance of $100,000$ shares of $$10$ par common stock and $50,000$

shares of $$50$ par, $5$ percent cumulative preferred stock. Sun Corporation completed the following transactions during its

first two years of operation:

Year $1$

Jan. $5$ Sold $6,000$ shares of the $$10$ par common stock for $$15$ per share.

$12$ Sold $1,000$ shares of the $5$ percent preferred stock for $$55$ per share.

Apr. $5$ Sold $30,000$ shares of the $$10$ par common stock for $$21$ per share.

Dec. $31$ During the year, earned $$150,000$ in cash revenue and paid $$88,000$ for cash operating expenses.

$31$ Declared the cash dividend on the outstanding shares of preferred stock for year $1.$ The dividend

will be paid on February $15$ to stockholders of record on January $10,$ Year $2.$

Year $2$

Peb. $15$ paid the cash dividend declared on December $31,$ Year $1.$

Mar. $3$ Sold $15,000$ shares of the $$50$ par preferred stock for $$53$ per share.

May $5$ purchased $900$ shares of the common stock as treasury stock at $$24$ per share.

Dec. $31$ During the year, earned $$210,000$ in cash revenues and paid $$98,000$ for cash operating expenses.

$31$ Declared the annual dividend on the preferred stock and a $$0\mathrm{.}50$ per share dividend on the comion

stock.

Required

a$.$ Organize the transaction data in accounts under an accounting equation. $($Enter any decreases to account balances with a minus

sign. Select $"$NA$"$ if there is no effect on the "Accounts Titles for Retained Earnings".$)$