Data Table - X The balance sheet of Goldstein Management Consulting, Inc. at December 31, 2015, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2016, Goldstein completed the following selected transactions: (Click the icon to view the transactions.) Requirements 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2016. Assume Goldstein's net income for the year was $84,000 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2016. Stockholders' Equity Paid-In Capital Common Stock-$10 Par Value: 150,000 shares authorized, 15,000 shares issued and outstanding $ 150,000 380,000 Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb 6 Declared a 15% stock dividend on the common stock. The market value of Goldstein's stock was $30 per share Date Accounts and Explanation Debit Credit Paid-in Capital in Excess of ParCommon Total Paid-In Capital Retained Earnings 530,000 159,000 689,000 Total Stockholders' Equity Feb. 6 More Info - X Feb. 6 Declared a 15% stock dividend on common stock. The market value of Goldstein's stock was 530 per share 15 Distributed the stock dividend. Jul 29 Purchased 2,400 shares of treasury stock at $30 per share. Nov. 27 Declared a $0.25 per share cash dividend on the common stock outstanding Choose from any list or enter any number in the input fields and then click Check