Only the ones that are red please! The green are correct

Problem 11-2A The stockholders' equity accounts of Sheffield Corp. on January 1, 2017, were as follows Preferred Stock (7%, $100 par noncumulative, 4,550 shares authorized) Common Stock ($5 stated value, 301,000 shares authorized) $273,000 1,254,166 Paid-in Capital in Excess of Par Value-Preferred Stock 13,650 Paid-in Capital in Excess of Stated Value-Common Stock 481,600 Retained Earnings 688,000 Treasury Stock (4,550 common shares) 36,400 During 2017, the corporation had the following transactions and events pertaining to its stockholders' equity. Issued 4,640 shares of common stock for $27,840 Feb. 1 Mar. 20 Purchased 1,800 additional shares of common treasury stock at $8 per share. Declared a 7% cash dividend on preferred stock, payable November 1 Oct. 1 Nov. 1 Paid the dividend declared on October 1. Declared a $0.85 per share cash dividend to common stockholders of record on December 15, payable December 31, 2017. Determined that net income for the year was $278,800. Paid the dividend declared on December 1 Dec. 1 Dec. 31 Your answer is partially correct. Try again. Journalize the transactions. (Include entries to closee net income and dividends to Retained Earnings.) (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. Round answers to 0 decimal places, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Feb. 1 Cash 27840 23200 Common Stock Paid-in Capital in Excess of Stated Value-Commor 4640 Treasury Stock Mar. 20 14400 440O Treasury Stock Mar. 20 14400 14400 Cash Cash Dividends Oct. 1 19110 Dividends Payable 19110 19110 Dividends Payable Nov. 1 19110 Cash 278800 Cash Dividends Dec. 1 Dividends Payable 278800 Dec. 31 Income Summary 278800 278800 Retained Earnings To record net income) 57161 Retained Earnings Dec. 31 Cash Dividends 57161 (To close cash dividends) Dividends Payable Dec. 31 Cash (To record payment of cash dividends payable) Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Post entries in the order of jo urnal entries posted in the previous part. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount.) Preferred Stock 1/1 Bal. 273000 273000 12/31 Bal. Common Stock 1/1 Bal. 1254166 23200 2/1 12/31 Bal. 1277366 Paid-in Capital in Excess of Par Value-Preferred Stock 1/1 Bal. 13650 12/31 Bal. 13650 Paid-in Capital in Excess of Stated Value Common Stock I 1/1 Bal. 481600 4640 2/1 486240 12/31 Bal. Retained Earnings 278800 |12/31 12/31 Retained Earnings 278800 12/31 12/31 12/31 Bal. 4 Cash Dividends 19110 12/31 10/1 12/1 12/31 Bal. Treasury Stock 1/1 Bal. 36400 14400 3/20 50800 12/31 Bal. Your answer is partially correct. Try again. :December 31, 2017. Prepare the stockholders' equity section of the balance sheet SHEFFIELD CORP. Partial Balance Sheet December 31, 2017 Stockholders' Equity Paid-in Capital Capital Stock 273000 Preferred Stock 1277366 Common Stock 1550366 Total Capital Stock Additional Paid-in Capital 13650 Paid-in Capital in Excess of Par Value-Preferred St 486240 Paid-in Capital in Excess of Stated Value-Common 499890 Total Additional Paid-in Capital Total Paid-in Capital 2050256 Retained Earnings Total Pald-in Capltal and Retained Earnings Less 50800 Treasury Stock Total Stockholders' Equity X Your answer is incorrect. Try again. Calculate the payout ratio, earnings per share, and return on common stockholders' equity. (Round earning per share to 2 decimal places, e.g. $2.66 and all other answers to 1 decimal place. 17.5%.) Payout ratio % Earnings per share Return on common stockholders' equity Open Show Work Click if you would like to Show Work for this