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please complete all parts. the red x indicates wrong. please correct that as well. thank you! Vancouver Company reports the following components of stockholders' equity

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Vancouver Company reports the following components of stockholders' equity on January 1. During the year, the following transactions affected its stockholders' equity accounts. January 2 Purchased 5,060 shares of its own stock at $23 cash per share. January 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. February 28 Paid the dividend declared on January 5. July 6 Sold 2,500 of its treasury shares at $27 cash per share. August 22 Sold 2,500 of its treasury shares at $19 cash per share. September 5 Directors dectared a \$2 per share cash dividend payable on October 28 to the September 25 stockhotders o record. October 28 Paid the dividend declared on September 5. December 31 Closed the $291,600 credit balance (from net income) in the Incone Summary account to Retained Earnings. Answer is not complete. General Journal tab - Journalize the transactions related to the notes and accounts payable of Vancouver Corporation. The General Ledger, Trial Balance and Schedule of Payables will be updated based on your entries. General Ledger tab - One of the advantages of general ledger software is that posting is done automatically. To see the detall of all transactions that affect a specific account, or the balance in an account at a specific point in time, click on the General Ledger tab. Trial Balance tab - General ledger software also automates the preparation of trial balances. A trial balance lists each Prepare the Statement of Retained Earnings for Van VANCOUVER CORPORATION Stockholders' Equity Section of the Balance Sheet December 31 Total contributed capital Total stockholders' equity $ 0

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