i need help with the Balance Sheet

(i) Werck the icon to vere the trpssictons) More info Requirements 1. Joumake thin trangackons 2. Cwcinte the balince in Retaned Eamingen en Decutber 31,2027 Asturhe the balerio on dantary 1, 2027 ans f5 Dod atid red liccene les tho yoar was t44s 000 3. Fiepare the stocktoldes' equity secton of the hadince shent as of December 31, 202t flefe was to prefored alock nsepid pror to the 2007 tiansptions. Jan. 1. Lssued 70,000 stares of $10 par vatue common stock for a total of $1,050,000. Dec. 31: Paid the cash dividends Dec 31. Distributed the stock dividend Requirement 2, Cakulate the balance in Retained Earnings on December 31, 2027. Assume the bakance on danuary 1,2027 was $5,000 and net income for tho yoar was $445,000 Complote the table below to calculate the balance in Rotained Earnings on December 31, 2027. Bevicre the iournal entyes from fequicencent