(Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Morrissey completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanabon on the last line of the journal entry table.) a. numeland a 5k stock dividend on the common stock. The market value of Morrissey's stock was $29 per share. Data table More info Feb. 6 Declared a 5% stock dividend on common stock. The market value of Morrissey's stock was $29 per share. Feb. 15 Distributed the stock dividend. Jul. 29 Purchased 2,500 shares of treasury stock at $29 per share. Nov. 27 Declared a $0.10 per share cash dividend on the common stock outstanding. |uirements equirements 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31 , 2024. Assume Morrissey's net income for the year was $81,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024