please answer all parts with correct calculations and explanations and make sure the formatting is proper, else i will downvote and report the answer.

E11-14 Preparing a Statement of Stockholders' Equity and Evalvating Dividend Policy LO11-1,11-3,11-4,11-5 The following account balances were selected from the records of TEAC Corporation at December 31, 2014, after all adjusting entries were completed: Common stock (par $20; authorized 100,000 shares, issued 34,000 shares, of which 2,000 shares are held as treasury stock) $680,000 Capital in excess of par 163,000 Dividends declared and paid in 2014 16,000 Retained earnings, January 1, 2014 75,000 Treasury stock at cost (2,000 shares) 25,000 Net income for the year was $30,000. Restriction on retained earnings equal to the cost of treasury stock held is required by law in this state. The stock price is currently $22.29 per share. Required: 1. Prepare the Stockholders' Equity section of the balance sheet at December 31, 2014. 2. Compute and evaluate the dividend yield ratio. Determine the number of shares of stock that received dividends