please fix the error

here are details

Required: 1. Prepare the appropriate entries for these events: a. On March 3, the board of directors declared a property dividend of 240.000 shares of Leasco International common stock that Consolidated Paper had purchased in January as an investment (book value: $700.000). The Investment shares had a fair value of $3 per share and were distributed March 31 to shareholders of record March 15. b. On May 3, a 5-for-4 stock split was declared and distributed. The stock split was effected in the form of a 25% stock dividend. The market value of the $1 par common stock was $11 per share. c. On July 5, a 2% common stock dividend was declared and distributed. The market value of the common stock was $11 per share. d. On December 1, the board of directors declared the 8.8% cash dividend on the 90,000 preferred shares, payable on December 28 to shareholders of record December 20. e. On December 1, the board of directors declared a cash dividend of $0.50 per share on its common shares, payable on December 28 to shareholders of record December 20 2. Prepare the shareholders' equity section of the balance sheet for Consolidated Paper, Inc. at December 31, 2021. Net Income for the year was 5810.000. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the shareholders' equity section of the balance sheet for Consolidated Paper, Inc., at December 31, 2021. Net income for the year was $810,000. (Negative amounts should be indicated by a minus sign.) CONSOLIDATED PAPER, INC. [Shareholders' Equity section] December 31, 2021 Paid in capital Preferred stock Common stock Padina excess of par preferred Pandan capital - excess of a common 90.000 463.000 1,437 000 2.574,000 9,735.000 (44,000) 14 255,000 Retained earnings Treasury stock Total shareholders' equity S