Good morning. my work is 75% complete. I just need help answering a few questions.

Problem 11-8A On January 1, 2014, Everett Corporation had these stockholders' equity accounts. Common Stock ($10 par value, 79,400 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings $794,000 515,000 615,400 During the year, the following transactions occurred. Jan. 15 Declared a $0.60 cash dividend per share to stockholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 10% stock dividend to stockholders of record on April 30, distributable May 15. On April 15, the market price of the stock was $12 per share. May 15 Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share cash dividend to stockholders of record on December 15, payable January 10, 2015. Dec. 31 Determined that net income for the year was $448,400. Don't show me this message again for the assignment Your answer is correct. Journalize the transactions. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit res_EAT_135049 Cash Dividend 47640 Jan. 15 Dividends Pay 47640 res_EAT_135049 Dividends Pay Feb. 15 Cash 47640 47640 res_EAT_135049 Stock Dividend 95280 Apr. 15 Common Stock 79,400 Paid-in Capital 15880 res_EAT_135049 Common Stock 79400 May 15 Common Stock 79400 res_EAT_135049 Cash Dividend 43670 Dec. 1 Dividends Pay 43670 res_EAT_135049 Income Summa 448400 Dec. 31 Retained Earn 448400 (To close net income) res_EAT_135049 Retained Earn 95280 Dec. 31 Stock Dividend 95280 (To close stock dividends) res_EAT_135049 Retained Earn 91310 Dec. 31 Cash Dividend 91310 (To close cash dividends) Don't show me this message again for the assignment Show List of Accounts Show Solution Show Answer Link to Text Your answer is partially correct. Try again. Enter the beginning balances and post the entries to the stockholders' equity T-accounts. (Post entries in the order of journal entries posted in the previous part) Common Stock res_EAT_135049 1/1 Bal. 794000 res_EAT_135049 5/15 79400 res_EAT_135049 12/31 Bal. 873400 Retained Earnings res_EAT_135049 res_EAT_135049 95280 12/31 1/1 Bal. res_EAT_135049 res_EAT_135049 91310 12/31 12/31 res_EAT_135049 12/31 Bal. Paid-in Capital in Excess of Par Value 1/1 Bal. 4/15 12/31 Bal. Cash Dividends 1/15 12/31 12/1 12/31 Bal. Common Stock Dividends Distributable 5/15 4/15 12/31 Bal. Stock Dividends 4/15 12/31 12/31 Bal. Don't show me this message again for the assignment Show List of Accounts Link to Text Link to Text Your answer is partially correct. Try again. Prepare the stockholders' equity section of the balance sheet at December 31. EVERETT CORPORATION Partial Balance Sheet December 31, 2014 res_EAT_135049 Stockholders' Equity res_EAT_135049 Paid-in Capital res_EAT_135049 Capital Stock $ Common Stock 873400 res_EAT_135049 Additional Paid-in Capital Paid-in Capital res_EAT_135049 Total Paid-in Capital Retained Earn $ Total Stockholders' Equity Don't show me this message again for the assignment Show List of Accounts Link to Text Link to Text Link to Text Your answer is incorrect. Try again. Calculate the payout ratio and return on common stockholders' equity. (Round answers to 1 decimal place, e.g. 12.5%.) Payout ratio % Return on common stockholders' equity % Don't show me this message again for the assignment