Can someone help me understand how to fill in these two tables? I am new to this major and need help. Thank you. I added both tables which you can reference off the pictures provided. Thank you.

Exercise 1-11 (Algo) Link the statement of stockholders' equity to the balance sheet (LO1-3) At the beginning of 2024, Glasson Academy reported a balance in common stock of $151,000 and a balance in retained earnings of $51,000. During the year, the company issued additional shares of stock for $41,000, earned net income of $31,000, and paid dividends of $10,100. In addition, the company reported balances for the following assets and liabilities on December 31. Required: 1. Prepare a statement of stockholders' equity. 2. Prepare a balance sheet. Complete this question by entering your answers in the tabs below. Prepare a balance sheet. Exercise 1-11 (Algo) Link the statement of stockholders' equity to the balance sheet (LO1-3) At the beginning of 2024, Glasson Academy reported a balance in common stock of $151,000 and a balance in retained earnings $51,000. During the year, the company issued additional shares of stock for $41,000, earned net income of $31,000, and paid dividends of $10,100. In addition, the company reported balances for the following assets and liabilities on December 31. Required: 1. Prepare a statement of stockholders' equity. 2. Prepare a balance sheet. Complete this question by entering your answers in the tabs below. Prepare a statement of stockholders' equity