Just part B - Stockholder's Equity. Thank you!

On January 5, 2020, Headland Corporation received a charter granting the right to issue 5,100 shares of $100 par value, 7% cumulative and nonparticipating preferred stock, and 51,600 shares of 510 par value common stock. It then completed these transactions Jan 11 Feb. 1 July 29 Issued 19,500 shares of common stock at $15 per share. Issued to Sanchez Corp. 4,100 shares of preferred stock for the following assets equipment with a fair value of $53,300, a factory building with a fair value of $152,000, and land with an appraised value of $295,000 Purchased 1,600 shares of common stock at $16 per share. (Use cost method.) Sold the 1,600 treasury shares at $14 per share Declared a 50.35 per share cash dividend on the common stock and declared the preferred dividend. Closed the Income Summary account. There was a $158.400 net income. Aug. 10 Dec 31 a Dec 31 (a) Your answer has been saved. See score details after the due date Record the journal entries for the transactions listed above. (Credit wccount titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. Record entries in the order displayed in the problem statement. Round answers to decimal places, e.5. $5,275.) Date Account Titles and Explanation Debit Credit in 11 Cash 292500 Common Stock 195000 Paldin Capitalin Excess of Par Common Stock 97500 1 Equipment 153300 Buildings 152000 Land 295000 Preferred Stock 410000 90300 Pald-in Capital in Excess of Par-Preferred Stock ily 29 Treasury Stock 25600 Cash 25600 10 Cash Retained Earnings 22400 Treasury Stock 3200 25600 ec 31 Retained Earnings 35525 Dividends Payable 35525 C 31 Income Summary 158400 Retained Earnings 158400 e Textbook and Media List of Accounts Attempts: 1 of 1 used (b) Prepare the stockholders' equity section of Headland Corporation's balance sheet as of December 31, 2020 (Enter account name only and do not provide descriptive information (6) Prepare the stockholders' equity section of Headland Corporation's balance sheet as of December 31, 2020. (Enter account name only and do not provide descriptive information) HEADLAND CORPORATION Stockholders' Equity $ $ $