Can you help me answer 3 questions following the instruction below?

P13-3B The stockholders' equity accounts of Joey Corporation on January 1, 2012, were as follows. Preferred Stock (10%, $100 par, noncumulative, 5,000 shares authorized) $ 300,000 Common Stock ($5 stated value, 300,000 shares authorized) 1,000,000 Paid-in Capital in Excess of Par-Preferred Stock 20,000 Paid-in Capital in Excess of Stated Value-Common Stock 425,000 Retained Earnings 488,000 Treasury Stock (5,000 common shares) 40,000 During 2012, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 3,000 shares of common stock for $25,500. Mar. 20 Purchased 1,500 additional shares of common treasury stock at $8 per share. June 14 Sold 4,000 shares of treasury stock-common for $36,000. Sept. 3 Issued 2,000 shares of common stock for a patent valued at $19,000. Dec. 31 Determined that net income for the year was $350,000. Instructions (a) Journalize the transactions and the closing entry for net income. (b) Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Use JI as the posting reference.) (c) Prepare a stockholders' equity section at December 31, 2012