Oct. 30. Purchased 34,000 shares of treasury stock for $19 per share. Dec. 30. Declared a $0.17-per-share dividend on common stock. Dec. 31. Closed the two dividends accounts to Retained Earnings. Mar. 15. Sold all of the treasury stock for $17 per share. Apr. 13. Issued 105,000 shares of common stock for $1,890,000 June 14. Declared a 5% on common stock, to be capitalized at the market price of the stock, which is $20 per share. July 16. Issued stock for stock dividend declared on June 14. Entries for selected corporate transactions Nav-Go Enterprises Inc. produces aeronautical navigation equipment. Nav-Go Enterprises' stockholders' equity accounts, with balances on January 1, 20Y1, are as follows: The following selected transactions occurred during the year: Jan. 15. Paid cash dividends of $0.14 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $68,040. Mar. 15. Sold all of the treasury stock for $17 per share. Apr. 13. Issued 105,000 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 34,000 shares of treasury stock for $19 per share. Dec. 30. Declared a $0.17-per-share dividend on common stock. 31. Closed the two dividends accounts to Retained Earnings. subtracted or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank. Dividends Distributable; Stock Dividends; Cash Dividends. If required, round to one decimal place. 4. Prepare the "Stockholders' Equity" section of the December 31,20Y1, balance sheet. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Nav-Go Enterprises Inc. Balance Sheet December 31, 20Y1 Stockholders' Equity Paid-In Capital: Common Stock, \$10 Stated Value (800,000 Shares Authorized, 677,250 Shares Issued) Excess of Issue Price Over Stated Value From Sale of Treasury Stock Total Paid-In Capital Retained Earnings Total Treasury Stock (34,000 Shares, at Cost) Total Stockholders' Equity retained earnings account. If an amount box does not require an entry, leave it blank. Oct. 30. Purchased 34,000 shares of treasury stock for $19 per share. Dec. 30. Declared a $0.17-per-share dividend on common stock. Dec. 31. Closed the two dividends accounts to Retained Earnings. Mar. 15. Sold all of the treasury stock for $17 per share. Apr. 13. Issued 105,000 shares of common stock for $1,890,000 June 14. Declared a 5% on common stock, to be capitalized at the market price of the stock, which is $20 per share. July 16. Issued stock for stock dividend declared on June 14. Entries for selected corporate transactions Nav-Go Enterprises Inc. produces aeronautical navigation equipment. Nav-Go Enterprises' stockholders' equity accounts, with balances on January 1, 20Y1, are as follows: The following selected transactions occurred during the year: Jan. 15. Paid cash dividends of $0.14 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $68,040. Mar. 15. Sold all of the treasury stock for $17 per share. Apr. 13. Issued 105,000 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 34,000 shares of treasury stock for $19 per share. Dec. 30. Declared a $0.17-per-share dividend on common stock. 31. Closed the two dividends accounts to Retained Earnings. subtracted or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank. Dividends Distributable; Stock Dividends; Cash Dividends. If required, round to one decimal place. 4. Prepare the "Stockholders' Equity" section of the December 31,20Y1, balance sheet. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Nav-Go Enterprises Inc. Balance Sheet December 31, 20Y1 Stockholders' Equity Paid-In Capital: Common Stock, \$10 Stated Value (800,000 Shares Authorized, 677,250 Shares Issued) Excess of Issue Price Over Stated Value From Sale of Treasury Stock Total Paid-In Capital Retained Earnings Total Treasury Stock (34,000 Shares, at Cost) Total Stockholders' Equity retained earnings account. If an amount box does not require an entry, leave it blank