I need a detailed explanation, thank you!

$630,000 On January 1, 2017, Tamarisk, Inc. had these stockholders' equity balances. Common Stock, $1 par (2,000,000 shares authorized, 630,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings Accumulated Other Comprehensive Income 1,490,000 681,000 55,000 1. During 2017, the following transactions and events occurred. Issued 45,000 shares of $1 par value common stock for $3 per share. 2. Issued 57,500 shares of common stock for cash at $5 per share. 3. Purchased 20,900 shares of common stock for the treasury at $3.8 per share. 4. Declared and paid a cash dividend of $117,000. Earned net income of $356,000. 6. Had other comprehensive income of $17,000. 5. Prepare the stockholders' equity section of the balance sheet at December 31, 2017. TAMARISK, INC. Partial Balance Sheet