COMP4-1 (Static) Recording Transactlons (Including Adjusting and Closing Entrles). Preparing Financl Statements, and Performing Ratlo Analysis LO4-1, 4-2, 4-3.4-4 (GL) Brothers Herm snd Steve Hargenrster begon operstions of their tool and die shop (H \& H Tool) on Janusry 2 , 987 , in Mesdvile, PA. The snnusl reporting period ends December 31. Asaume that the trial bsiance on Janusry 2,2023 , wss ss follows: Transections during 2023 fo low. All dollsrs are in milions, except per share amount:- 3. Borrowed $15 cssh on of five-yesr, B percent note poysble, dsted March 1, 2023. b. Sold 4 milion sdaltionel shares of common stock for cesh st $1 market value per share on January 1, 2023. c. Purchosed land for s future bulding : te; psid cesh, $13. d. Earned $215 in revenues for 2023 , Including $52 on credt snd the rest in cash. e. Incurred $89 in woges expense snd $25 in mlacellaneous expenses for 2023 , with $20 on credit and the rest psid in csah. f. Collected sccount: recelvoble, $34. 9. Purchssed other noncurrent sssets, $15 cohn. h. Purchssed supples on sccount for future use, $27. r. Pold sccounts poysble, $26. J. Declsred cssh dividendi on December 1,$25. k. Signed s three-yeer $33 senvec cont/sct to start February 1, 2024. I. Poild the dividends in ( ) an December 31 . Dets for acjusting entries (omounta in millianck m. Supplies counted on December 31, 2023, \$18. n. Depreciation for the year on the equlpment, $10. o. Interest sccrued on notes poyoble (to be computed). p. Wisges eamed by employees since the December 24 poyroll but not yet pold, $16. q. Income tox expense, $11, poybale in 2024. Use the drop-downs to select the accounts that should be properly included on the statement of stockholders' equity and enter the apporopriate amounts. Note: Amaunts to be dectucted should be indicated with a minus sign. Enter vaur answers in millons rather than in dalars (far example, 5 millian should be entered as 5 rather than 5,000,000)