On December 31, 2021, Pharoah Company had 1,265,000 shares of $6 par common stock issued and outstanding. At December 31, 2021, stockholders equity had the amounts listed here.

Common Stock		$7,590,000
Additional Paid-in Capital		1,835,000
Retained Earnings		1,220,000

Transactions during 2022 and other information related to stockholders equity accounts were as follows.

1.		On January 10, issued at $113 per share 124,000 shares of $100 par value, 8% cumulative preferred stock.
2.		On February 8, reacquired 18,700 shares of its common stock for $15 per share.
3.		On May 9, declared the yearly cash dividend on preferred stock, payable June 10, to stockholders of record on May 31.
4.		On June 8, declared a cash dividend of $1.55 per share on the common stock outstanding, payable on July 10, to stockholders of record on July 1.
5.		Net income for 2022 was $3,639,000.

Record the journal entries that are required for items 15 above. (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
	(To close net income)
Jan. 10Feb. 8May 9Jun. 8Jun. 10Jul. 10Dec. 31
	(To close cash dividends)

Prepare the stockholders equity section of Pharoahs' balance sheet at December 31, 2022.

PHAROAH COMPANY Partial Balance Sheet choose the accounting period For the Month Ended December 31, 2022 For the Year Ended December 31, 2022December 31, 2022
select an opening section name
select an opening subsection name
select a name of the subordinate part one of this subsection
enter a balance sheet item			$
enter a balance sheet item
select a summarizing line for the subordinate part one of this subsection					$
select a name of the subordinate part two of this subsection
enter a balance sheet item
enter a balance sheet item
select a summarizing line for the subordinate part two of this subsection
select a closing subsection name
enter a balance sheet item
select a summarizing line for this part of the statement
select between addition and deduction Add Less : enter a balance sheet item
select a closing section name					$