c) 1 Heading 1 1 Heading 2 1 Headin A A A O u. 211 Font Paragraph Styles PART 2 - Directions A company had the following balances in its stockholders' equity accounts at December 31, 270X4 Common stock $10 par, 50,000 shares authorized, 20,000 shares issued $200,000 Paid-in capital in excess of par value, common 250,000 Retained earnings 500,000 Treasury stock 1,000 shares 0.000) Total stockholders' equity $930,000 The following occurred during 230X3: 1) February 3 - Sold and issued 3,000 shares of common stock for a sell price of $72 per share 2) May 10 - Declared a $0.50 per share cash dividend on common stock 3) October 12 - Sold 500 shares of treasury stock for $20 per share. 4) December 31 - Net income for the year is $75,000. Required: For EACH stockholders' equity account listed, determine the account balance at December 31, 2045. Use the matrix format listed below. Be sure to show your supporting caleulations and label them to indicate which numbers in the matrix they are supporting Contributed capital in excess of par Common Stock ($) Retained Treasury stock earungs Beginning balance Net income Issue common stock Reissue treasury stock Cash dividends Ending balance D.Focus