Hyrdo Corporation received its corporate charter on January 2, 2013. The charter authorized the following classes of capital stock: Preferred stock, $5 par value, 10% cumulative, 20,000 shares; Common stock, $1 par value, 50,000 shares. During 2013, the following transactions occurred: . . Feb. 4 issues 1,000 shares of $1 par value common stock at par: Mar. 11 Issues 1,000 shares of $1 par value common stock at $5 per share: April. 1 Attorneys helped Hydro Slide Inc. incorporate, and have billed $5,000 for services. The attorneys accept 4000 shares of $1 par value common stock as payment. There is no established market price for the stock. Sept. 4 issues 2,000 shares of $ 5 par value preferred stock at par: Oct 10 declared the annual dividend on the preferred stock. Nov. 13. Paid the preferred stock dividend. Dec. 31 closed the $106,000 credit balance in the Income Summary account. . . Required: A. Prepare journal entries to record the transactions. B. Prepare the stockholders' equity section of the December 31, 2013, balance sheet