ACE NETO Problem 13-04A - (Video) Riverbed Corporation is authorized to issue 21,000 shares of $50 par value, 10 preferred stock and 120,000 shares of $5 par value common stock. On January 1, 2020, the ledger contained the following stockholders' equity balances Preferred stock (11.500 shares) $575,000 Paid in Cipital in Excess of Par-Preferred Stock 68,000 Common Stock (63,000 shares) 315.000 Paid in Capital in ons of por.common Stock 660,000 Retained Earnings 270,000 During 2020, the following transactions occurred. Feb 1 tsued 2,100 shares of preferred stock for land having a fair value of $120,000 Mar 1 od 1.200 shares of preferred stock for cash at $5 pers July 1 Issued 15,000 shares of common stock for cash per share Sept. 1 Issued 350 shares of preferred stock for watent. The asking price of the potent was 529,000. Marice for the preferred toch was 57 and the value for the patent was indeterminable Dec 1 rued 7.500 shares of common stock for cash at $7.50 per share Dec 31 Net Income for the year was $257.000. No dividends were declared CALCULATOR HESSAGE HY INSTRUCTOR FULL SCREEN PREINTE VERSION BACK Enter the beginning balances in the accounts, and post the journal entries to the stockholders equity accounts. (Post entries in the order of journal entries presentert in the previous part.) Preferred Stock 0001 Common Stock III III. Paid in Capita Preferred Stock CALC Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Par-Common Stock 10000 DOODO Il dildo ibido V x X Retained Earnings [ [ CATE Prepare a stockholders' equity section at December 31, 2020. (Enter the account name only and do not provide the descriptive information provided in the question RIVERBED CORPORATION Balance Sheet (Partial) DOO