Listed below are the transactions that affected the shareholders' equity of EGN Corporation during the period 20212023. At December 31, 2020, the corporation's 5 accounts included: 8 Common stock, $1 par, 200 million shs authorized, 102 million shs issued and outstanding 102,000,000 9 Paid-in capitalexcess of par 606,000,000 10 Retained eamin s 810,000,000 13 2/1/21 - The corporation issued 1,000,000 shares of its common stock for $8 per share. 14 6/1/21 - The corporation repurchased 2,000,000 common shares as treasury stock for $9 per share 15 9/1/21 - The corporation declared and distributed a 10% stock dividend when the market value was $9.25 16 12/1/21 - The corporation declared and paid a $1 per common share cash dividend. 17 12/31/21 - Net income for the year was $320,000,000. 18 19 Required: Prepare the statement of stockholders' equity and stockholders' equity section of the balance sheet (with all required disclosures) 20 22 EGN Corporation 23 Statement of Stockholders' Equity 24 For the year ended December 31, 2021 Paid-In Capital, in excess Total Stockholders' 25 Common Stock of par, Common Retained Earnings Treasury Stock Equity 26 Balance, Jan 1 27 Issued Common Stock 28 Purchased Treasury Stock 29 Declared 10% stock dividend 30 Cash dividend declared 31 Net Income 32 Balance, Dec 31 33 34 35 Balance Sheet (Partial) 36 December 31, 2021 37 Stockholders' Equity 38 39 Common Stock 40 Paid-In Capital in excess of par, Common 41 Total Paid-In Capital 42 Retained Earnings 43 Treasury stock 44 Total Stockholders' Equity 45 46