At September 30, the end of Beijing Company's third quarter, the following stockholders' equity accounts are reported Common stock, $10 par value Paid in capital in excess of par value, common stock Retained earnings $ 360,000 90,000 320, eee In the fourth quarter, the following entries related to its equity are recorded. Credit Date Oct. 2 Debit 40,000 48,000 General Journal Retained Earnings Common Dividend Payable Common Dividend Payable Cash 40,000 Oct. 25 40,000 91,000 Oct. 31 Retained Earnings Common Stock Dividend Distributable Paid In Capital in Excess of Par Value, Common Stock 44,000 47.000 Nov. 5 44,000 Common Stock Dividend Distributable Common Stock, $10 Par Value 44,000 Dec. 1 Memo-Change the title of the common stock account to reflect the new par value of $4. Dec. 31 21 , Income Summary Retained Earnings 210,000 Oct 2 Oct, 25 Oct. 31 Nov. 5 Dec. 1 Dec 31 Sep. 30 Beg. Bal $ 360,000 Common stock Common stock dividend distributable Paid-in capital in excess of par, common stock Retained earnings Total equity S $ s 90,000 320,000 770,000