Flounder Corporation had the following stockholders' equity accounts on January 1, 2022: Common Stock ($5 par) $550,000, Paid-in Capital in Excess of Par-Common Stock $215,000, and Retained Earnings $110,000. In 2022, the company had the following treasury stock transactions. Mar. 1 Purchased 7.000 shares at $9 per share. June 1 Sold 1.500 shares at $13 per share. Sept. 1 Dec. 1 Sold 1.500 shares at $11 per share. Sold 1,500 shares at $6 pe es at $6 peshare. Flounder Corporation uses the cost method of accounting for treasury stock. In 2022, the company reported net income of $25,000. Date Account Titles and Explanation Debit Credit Mar 1 Treasury Stock Cash June 1 Cash Treasury Stock Paid-In Capital from Treasury Stock Sept. 1 Cash Treasury Stock Paid-In Capital from Treasury Stock Dec 1 Cash Paid-in Capital from Treasury Stock Treasury Stock Dec. 21 M Income Summary Retained Earnings Open accounts for Paid-in Capital from Treasury Stock, Treasury Stock, and Retained Earnings. (Post entries in the order of journal entries presented in the previous part.) Paid-in Capital from Treasury Stock Dec. 1 Mar. 1 June 1 Sept. 1 Bal. Treasury Stock June 1 Sept. 1 Dec. 1 Bal. Retained Earnings June 1 Dec. 31 Bal Prepare the stockholders' equity section provide the descriptive information provided in the question.) Stockholders' Equity Paid-In Capital Capital Stock Common Stock Additional Paid-in Capital Paid-in Capital in Excess of Par-Common Stock Paid-in Capital from Treasury Stock Total Additional Paid-in Capital v Total Paid-In Capital Retained Earnings Total Paid-in Capital and Retained Earnings Less V Treasury Stock Total Stockholders Equity FLOUNDER CORPORATION Balance Sheet (Partial) December 31, 2022