Paid-In Capital in Excess of Stated Value-Common Stock \begin{tabular}{l|l|} \hline & Jan. 1 Bal. \\ & Apr. 13 \\ & June 14 \\ \hline & Dec. 31 Bal. \end{tabular} \begin{tabular}{|c|c|c|} \hline \multicolumn{3}{|c|}{ Retained Earnings } \\ \hline Dec. 31 & Jan. 1 Bal. & 4,875,000 \\ \hline & Dec. 31 & \\ \hline & Dec. 31Bal. & \\ \hline \end{tabular} \begin{tabular}{l|l|ll} & \multicolumn{3}{c}{ Treasury Stock } \\ \hline Jan. 1 Bal. & 288,000 & Mar. 15 & \\ \hline Oct. 30 & & & \\ \hline \end{tabular} Dec. 31. Closed the two dividends accounts to Retained Earnings. negative numbers use a minus sign. If an amount box does not require an entry, leave it blank. Nav-Go Enterprises Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20Y1 July 16. Issued stock for stock dividend declared on June 14. Oct. 30. Purchased 31,000 shares of treasury stock for $19 per share. Dec. 30. Declared a \$0.18-per-share dividend on common stock. account. If an amount box does not require an entry, leave it blank. Jan. 15. Paid cash dividends of $0.15 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $67,500. Nav-Go Enterprises Inc. Balance Sheet December 31, 20Y1 Stockholders' Equity Paid-In Capital: Total Paid-In Capital Total Total Stockholders' Equity 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 $0.15 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $67,500. Mar. 15. Sold all of the treasury stock for $17 per share. Apr. 13. Issued 95,000 shares of common stock for $16 per share. June 14. Declared a 5\% stock dividend on common stock, to be capitalized at the market price of the stock, which is $18 per share. July 16. Issued stock for the stock dividend declared on June 14. Oct. 30. Purchased 31,000 shares of treasury stock for $19 per share. Dec. 30. Declared a \$0.18-per-share dividend on common stock. 31. Closed the two dividends accounts to Retained Earnings. Apr. 13. Issued 95,000 shares of common stock for $1,520,000 June 14. Declared a 5% on common stock, to be capitalized at the market price of the stock, which is $18 per share