I ONLY NEED REQUIREMENT C PART 3!!!!! MY ASSIGNMENT IS DUE IN 1 HOUR, PLEASE HELP. THANKS!

Part A In late 2017, the Nicklaus Corporation was formed. The corporate charter authorizes the issuance of 4,000,000 shares of common stock carrying a Si par value, and 1000000 shares of 55 par value, noncumulative, nonparticipating preferred stock. On January 2 2018. 2000.000 shares of the common stock are issued in exchange for cash at an average price of $15 per share. Also on January 2.a 1000,000 shares of preferred stock are issued at $30 per share. Required: 1. Prepare journal entries to record these transactions 2. Prepare the shareholders equity section of the Nickiaus balance sheet as of March 31, 2018. (Assume net income for the first quarter 2018 was $1500,000 Part B During 2018, the Nicklaus Corporation participated in three treasury stock transactions: a. On June 30, 2018, the corporation reacquires 200,000 shares for the treasury at a price of $17 per share. b. On July 31. 2018, 50.000 treasury shares are reissued at $20 per share c. On September 30, 2018. 50.000 treasury shares are reissued at $15 per share. Required: 1. Prepare journal entries to record these transactions 2. Prepare the Nicklaus Corporation shareholders equity section as it would appear in a balance sheet prepared at September 30, 2018. (Assume net income for the second and third quarter was $2.550.000.) Part On October 1, 2019, Nicklaus Corporation receives permission to replace its 51 par value common stock (4,000,000 shares authorized 2.000.000 shares Issued and 1.900.000 shares outstanding with a new common stock issue having a 5.30 par value. Since the new par values one-half the amount of the old, this represents a 2.fort stock spilt. That is the shareholders will receive two shares of the 5.50 par stock in exchange for each share of the $1 par stock they own The $1 par stock will be collected and destroyed by the issuing corporation On November 1, 2010, the Nicklaus Corporation declares a $0.05 per share cash dividend on common stock and a $0.21 per share cash dividend on preferred stock. Payment is scheduled for December 1, 2016. to shareholders of record on November 15, 2018 On December 2, 2010, the Nicklaus Corporation declares a 39 stock dividend payable on December 20, 2018. to shareholders of record on December 14. At the date of declaration the common stock was selling in the open market at $15 per share. The dividend will result in 114.000 (0.033.200,000) additional shares being issued to shareholders. Required: 1. Prepare journal entries to record the declaration and payment of these stock and cash dividends. 2. Prepare the December 31 2018, shareholders' equity section of the balance sheet for the Nicklaus Corporation Assume net income for the fourth quarter was $2.050.000) 3. Prepare a statement of shareholders' equity for Nicklaus Corporation for 2018 NICKLAUS CORPORATION Statement of Shareholders' Equity for the Year Ended Dec. 31, 2018 ($ in 000s) Additional | Total Preferred Common Paid-in Retained Treasury Shareholde Stock Stock Capital Earnings Stock Equity Jan. 2. 2018 Issuance of preferred stock Issuance of common stock Purchase of treasury stock Sale of treasury stock Net income Common cash dividends Preferred cash dividends Stock dividend December 31, 2018