Entries for Selected Corporate Transactions

Nav-Go Enterprises Inc. produces aeronautical navigation equipment. Nav-Go Enterprises' stockholders' equity accounts, with balances on January 1, 20Y1, are as follows:

Common Stock, $5 stated value (900,000 shares authorized, 620,000 shares issued)	$3,100,000
Paid-In Capital in Excess of Stated ValueCommon Stock	1,240,000
Retained Earnings	4,875,000
Treasury Stock (48,000 shares, at cost)	288,000

The following selected transactions occurred during the year:

Jan. 15.	Paid cash dividends of $0.06 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $34,320.
Mar. 15.	Sold all of the treasury stock for $6.75 per share.
Apr. 13.	Issued 200,000 shares of common stock for $8 per share.
June 14.	Declared a 3% stock dividend on common stock, to be capitalized at the market price of the stock, which is $7.50 per share.
July 16.	Issued stock for stock dividend declared on June 14.
Oct. 30.	Purchased 50,000 shares of treasury stock for $6 per share.
Dec. 30.	Declared an $0.08-per-share dividend on common stock.
31.	Closed the two dividends accounts to Retained Earnings.

Required:

1. The January 1 balances in T accounts for the stockholders equity accounts have been listed below. T accounts for the following accounts have also been created: Paid-In Capital from Sale of Treasury Stock; Stock Dividends Distributable; Stock Dividends; Cash Dividends.

Common Stock
		Jan. 1 Bal.	3,100,000
		Apr. 15Apr. 13Oct. 30Dec. 30
		Jan. 9June 14July 16Oct. 30Dec. 30
		Dec. 31 Bal.

Paid-In Capital in Excess of Stated Value-Common Stock
		Jan. 1 Bal.	1,240,000
		Jan. 9Apr. 13Apr. 15July 16Oct. 30
		Jan. 9June 14July 16Oct. 30
		Dec. 31 Bal.

Retained Earnings
Jan. 9Mar. 15May 13June 14Dec. 30Dec. 31		Jan. 1 Bal.	4,875,000
		Jan. 9Mar. 15May 13June 14Dec. 30Dec. 31
		Dec. 31 Bal.

Treasury Stock
Jan. 1 Bal.	288,000	Jan. 9Mar. 15May 13June 14July 16
Jan. 9Mar. 15May 13June 14July 16Oct. 30
Dec. 31 Bal.

Paid-In Capital from Sale of Treasury Stock
		Jan. 9Mar. 15May 13June 14July 16Oct. 30

Stock Dividends Distributable
Jan. 9Mar. 15May 13June 14July 16Oct. 30	24	Jan. 9Mar. 15May 13June 14July 16Oct. 30

Stock Dividends
Jan. 9Mar. 15May 13June 14July 16Oct. 30	28	Jan. 9Mar. 15May 13June 14Dec. 30Dec. 31

Cash Dividends
Jan. 9Mar. 15May 13June 14Oct. 30Dec. 30	fill in the blank 32	Jan. 9Mar. 15May 13June 14Dec. 30Dec. 31