Marcellus Company reports the following components of stockholders' equity on January 1. Comnon stoek-510 par value, 110,000 ahazes authorized, 40,000 shares fesued and outstanding Paid-in eapital in excess of par value, eermon stock Metained earnings Total atockholders' equity. During the year, the following transactions affected its stockholders' equity accounts: January 2 Purehased 4,000 abaren of 1t th oun ntoek at $23 cash per share. January 5 Directore declared a 32 per share canh dividend payable on February 28 to the Vebruary 5 ntockholdern of record. February 28 paid the dividend declared on January 3 . Joly 6 sold 2,000 of its treasury nharen at 327 cash per share. Auguat 22 sold 2,000 of the treasury aharen at $19 cash per share. septenber 5 Directorn deelared a 52 per bhare canh dividend payable on oetober 21 to the septenber 25 ntockholders of record. October 20 Paid the dividend declared on septenber 5 . Prepare the Statement of Retained Earnings for Marcellus Corporation for the year ended December 31. repare the stockholders' equity section of Marcellus Corporation's balance sheet as of December 3. For each transaction, indicate the impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholders' equity as of December 31 , as calculated, agrees with the amount reported on the balance sheet