During 2025, the corporation had the following transactions and events pertaining to its stockholders' equity, Feb. 1 Issued 12,000 shares of commonstock for $72,000. Mar, 20 Purchased 2,400 additional shares of common treasury stock at $7 per share. Oct. 1 Declareda 7% cash dividend on preferred stock, payable November 1. Now, 1 Paid the dividend declared on October 1 Dec. 1. Declareda $0.50 per share cash dividend to common stockholders of record on December 15 , payable December 31,2 Dec 31 Determined that net income for the year was $670,000. Paid the dividend declared on December 1. displayed in the problem statement. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. List all debit entries before credit entries.) Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Post entries in the order of journal entries recorded in the previous part. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount on the normal side of the account.) Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.) outstanding on January 1 and December 31 to determine the average shares outstanding) (Round answers to 2 decimal ploces for per unit and percentoge, es. 17.50 or 17.50\%) Payout ratio Earnings per share Return on common stockholders' equity 96