need to fill out general journel, staement of RE, stockholders equity and impact on equity. info given

Quality First Company reports the following components of stockholders' equity on January 1. Conmon stock-\$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding Paid-in capital in excess of par value, conmon stock Retained earnings Total stockholders' equity During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 4,000 shares of its own stock at $23 cash per share. January 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. February 28 Paid the dividend declared on January 5. July 6 sold 2,000 of its treasury shares at $27 cash per Ishare. August 22 sold 2,000 of its treasury shares at $19 cash per share. September 5 Directors declared a $2 per share cash dividend payable on october 28 to the september 25 stockholders of record. October 28 Paid the dividend declared on September 5 . Decenber 31 Closed the $370,000 credit balance (from net incone) in the Income Sunmary account to Retained Earnings. Journal entry worksheet \begin{tabular}{lllll} 4 & 5 & 6 & 7 & 8 \\ \hline \end{tabular} Purchased 4,000 shares of its own stock at $23 cash per share. Note: Enter debits before credits. Prepare the Statement of Retained Earnings for Quality First Corporation for the year ended December 31 Prepare the stockholders' equity section of Quality First Corporation's balance sheet as of December 31 Dates: January 01 to: January 01