Common stock, $$14$ par value

Paid$-$in capital in excess of par value, common stock

$$360,000$

$80,000$

$400,000$

Retained earnings

In the fourth quarter, the following entries related to its equity are recorded.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[0$ctober $2,$Retained Earnings,,$40,000],[$October $25,\backslash$table$[[$Common Dividend Payable$],[$Common Dividend Payable$]],40,000,],[,\backslash$table$[[$Cash$],[$Rotained Earnings$]],,40,000],[$October $31,\backslash$table$[[$Retained Earnings$],[$Common Stock Dividend Distributable$],[$Paid$-$In Capital in Excess of Par Value, Common Stock$]],79,000,\backslash$table$[[38,000],[41,000]]],[$November $5,\backslash$table$[[$Common Stock Dividend Distributable$],[$Common Stock, $$14$ Par Value$]],38,000,],[$December $1,\backslash$table$[[$Memo$-$Change the title of the common stock$],[$account to reflect the new par value of $$4.]],,],[$December $31,\backslash$table$[[$Income Summary$],[$Retained Earnings$]],260,000,260,000]]$

Required:

$2.$ Complete the following table showing the equity account balances at each indicated date.

$\backslash$table$[[,\backslash$table$[[$September $30],[$Beginning$],[$Balance$]],$October $2,$October $25,$October $31,$November $5,$December $1,$December $31],[$Common stock,$$,360,000,,,,,],[$Common stock dividend distributable,,,,,,,$],[$Paid$-$in capital in excess of par, common stock,$$,80,000,,,,,],[$Retained earnings,$$,400,000,,,,,],[$Total equity,$$840,000,,,,,,]]$