Nav$-$Go Enterprises Inc. produces aeronautical navigation equipment. Nav$-$Go Enterprises' stockholders$$ equity accounts, with balances on January $1,20$Y$1,$ are as follows:

Line Item Description Amount

Common Stock, $$10$ stated value $(550,000$ shares authorized, $380,000$ shares issued$)$ $$3,800,000$

Paid$-$In Capital in Excess of Stated Value$-$Common Stock $700,000$

Retained Earnings $8,630,000$

Treasury Stock $(38,000$ shares, at cost$)570,000$

The following selected transactions occurred during the year:

Date Transaction

Jan. $15.$ Paid cash dividends of $$0\mathrm{.}14$ per share on the common stock. The dividend had been properly recorded when declared on December $1$ of the preceding fiscal year for $$47,880.$

Mar. $15.$ Sold all of the treasury stock for $$18$ per share.

Apr. $13.$ Issued $70,000$ shares of common stock for $$18$ per share.

June $14.$ Declared a $5\%$ stock dividend on common stock, to be capitalized at the market price of the stock, which is $$20$ per share.

July $16.$ Issued stock for the stock dividend declared on June $14.$

Oct. $30.$ Purchased $24,000$ shares of treasury stock for $$20$ per share.

Dec. $30.$ Declared a $$0\mathrm{.}17-$per$-$share dividend on common stock.

$31.$ Closed the two dividends accounts to Retained Earnings.

Required:

$1.$ The January $1$ balances in T accounts for the stockholders$$ equity accounts have been listed below. T accounts for the following accounts have also been created: Paid$-$In Capital from Sale of Treasury Stock; Stock Dividends Distributable; Stock Dividends; Cash Dividends. If required, round to one decimal place.