Common stock, $12 par value $ 480,000 Paid-in capital in excess of par value, common stock Retained earnings 90,000 360,000 In the fourth quarter, the following entries related to its equity are recorded. Date October 2 General Journal Retained Earnings Debit Credit 80,000 ok Common Dividend Payable October 25 Common Dividend Payable 80,000 80,000 Cash 80,000 October 31 Retained Earnings 67,000 nces Common Stock Dividend Distributable 32,000 Paid-In Capital in Excess of Par Value, Common Stock 35,000 November 5 Common Stock Dividend Distributable 32,000 Common Stock, $12 Par Value 32,000 December 1 Memo-Change the title of the common stock account to reflect the new par value of $4. December 31 Income Summary Retained Earnings 220,000 220,000 Required: 2. Complete the following table showing the equity account balances at each indicated date. Check my September 30 Beginning October 2 October 25 October 31 November 5 December 1 December 31 Balance $ 480,000 Common stock Common stock dividend distributable Paid-in capital in excess of par, common stock $ Retained earnings $ 90,000 360,000