kindly show how you get answers

Dexter Corporation has the following capital structure at the beginning of the current year, (Click the icon to view the capital structure) Read the requirements PE Requirement b. Prepare the stockholders' equity section of the balance sheet at the end of the current year (Enter the accounts in the proper order for the stockholders' equity section of the balance sheet listing preferred data before common data) Stockholders' Equity Balance 10% Preferred Stock $14.00 par value 540000 Shares authorized and issued Common Stock 53 par value 1920000 shares authorized 635000 shares issued and outstanding Additional Paid-in Capital in Excess of Par. Common Total Contributed Capital Retained Earnings Total Stockholders Equity year Requirements a. Prepare the journal entries (including closing entries) to record each of the following transactions affecting shareholders' equity during the current year. There are separate accounts for dividends payable for common stock and preferred stock. Assume there are no preferred dividends in arrears. Declared a total cash dividend of $888,000 on common and preferred stock Had net income for the year was $46,000 b. Prepare the stockholders' equity section of the balance sheet at the end of the current year . Data table $ 7.560,000 10%, Preferred stock, $14.00 par value, 540,000 shares authorized, issued and outstanding Common Stock, $3 par value, 1.920,000 shares authorized, 635,000 shares issued and outstanding Additional Paid-in Capital in Excess of Par. Common Total Contributed Capital Retained Earnings Total Stockholders' Equity 1.905,000 5,000,000 5 14.465,000 922.000 $ 15,387,000