please do as apap

Required information The following information applies to the questions displayed below] Golf Apparel has two classes of stock authorized: 4%,$10 par preferred, and $1 par value common. The following transactions affect stockholders' equity during 2024, its first year of operations: January 2. Issue 120,009 shares of coenon stock for $68 per share. Fitiruany 14 issue 58 , 000 shares of preferred stock for $13 per share. Hay 91 Resall 6,000 shares of treasury itock fon $63 per whare. December 1 Declare a cash dividend on its conson stock of 50,35 per shace and a 523,200 (4x of par value) caih dividend on its preferced stock payable to all stockholders of record on. Decenber is. The dividend is Decenber 30 Piry thin cash dividinds declared on becenber 1. Required information The following information applies to the questions displayed below] Golf Apparel has two classes of stock authorized: 4%,$10 par preferred, and $1 par value common. The following transactions affect stockholder' equity during 2024, its first year of operations: Tahuary 2 Issue 120 , 000 shares of common stock for $68 per share. February 14 Issue 58 , vee shares of preferred stock for $13 per share. Moy 8 Purchase 12 , eoo shares of its oun contron stock for 558 per share. May 31 Resell 6,000 shares of treesury stock for $63 per share. Decenber 1 Declare a cash dividend on fts connon stock of $0.35 per share and o 523,200 (4x of par value) cash dividend on its preferred stock payable to all stockbolders of record on Decenber 15 . The dividend is payable on Decenber 30. (Hint: Olvidends ace not pald on treasury stock.) Decenber 30 pay the cash dividends declared on Decenber. 1. 2. Prepare the stockholders' equity section of the balance sheet as of December 31,2024 . Net income for the year was $488,000. (Amounts to be deducted should be indicoted by a minus sign.)