plese answer all parts and provide clear answers for all blanks.

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: Common Stock, $5 stated value (900,000 shares authorized, 620,000 shares issued) Paid-In Capital in Excess of Stated Value-Common Stock $3,100,000 1,240,000 4,875,000 288,000 Retained Earnings Treasury Stock (48,000 shares, at cost) The following selected transactions occurred during the year: Jan. 15. Paid cash dividends of $0.06 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $34,320. Mar. 15. Sold all of the treasury stock for $6.75 per share. Apr. 13. Issued 200,000 shares of common stock for $8 per share. June 14. Declared a 3% stock dividend on common stock, to be capitalized at the market price of the stock, which is $7.50 per share. July 16. Issued stock for stock dividend declared on June 14. Oct. 30. Purchased 50,000 shares of treasury stock for $6 per share. Dec. 30. Declared an $0.08-per-share dividend on common stock, 31. Closed the two dividends accounts to Retained Earnings Required Required: 1. The January 1 balances in T accounts for the stockholders' equity accounts have been listed below. T accounts for the following accounts have also been created: Paid-In Capital from Sale of Treasury Stock; Stock Dividends Distributable; Stock Dividends; Cash Dividends. Common Stock Jan. 1 Bal. Dec. 31 Bal Paid-In Capital in Excess of Stated Value-Common Stock Jan, 1 Bal. Dec. 31 Bal, Retained Earnings. Jan. 1 Bal Dec. 31 Bal 3,100,000 1,240,000 4.875,000 Jan. 1 Bal. Dec. 31 Bal. Treasury Stock 288,000 Paid-In Capital from Sale of Treasury Stock Stock Dividends Distributable Stock Dividends Cash Dividends 2. Journalize the entries to record the transactions, and post to the eight selected accounts. If an amount box does not require an entry, leave it blank. Jan. 15. Paid cash dividends of $0.06 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $34,320. Date Jan. 15 Mar. 15. Sold all of the treasury stock for $6.75 per share. Date Account Mar. 15 Account Apr. 13. Issued 200,000 shares of common stock for $8 per share. Date Account Apr. 13 Debit Debit Debit Credit Credit Credit June 14. Declared a 3% stock dividend on common stock, to be capitalized at the market price of the stock, which is $7.50 per share. Date June 14 July 16. Issued stock for stock dividend declared on June 14. Date July 16 Account Date Oct. 30. Purchased 50,000 shares of treasury stock for $6 per share. Oct. 30 Account Account Debit Debit Debit Credit Credit Credit Dec. 30. Declared an $0.08-per-share dividend on common stock. Date Dec. 30 Dec. 31. Closed the two dividends accounts to Retained Earnings. Date Account Dec. 31 Account Debit Debit Paid-In Credit Credit 3. Prepare a statement of stockholders' equity for the year ended December 31, 20Y1. Assume that net income was $775,000 for the year ended Dec those boxes in which you must enter subtracted or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank or en Nav-Go Enterprises Inc. Statement of Stockholders' Equity For the Year Ended December 31, 20Y1 3. Prepare a statement of stockholders' equity for the year ended December 31, 2011. Assume that net income was $775,000 for the year ended December 31, 20Y1. For those boxes in which you must enter subtracted or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank or enter "0" Common Stock Nav-Go Enterprises Inc. Statement of Stockholders' Equity For the Year Ended December 31, 201 Paid-In Capital in Excess of Stated Value Paid-In Capital from Sale of Treasury Stock Retained Earnings Treasury Stock Total 4. Prepare the "Stockholders' Equity" section of the December 31, 20Y1, balance sheet. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Nav-Go Enterprises Inc. Balance Sheet December 31, 201 Stockholders' Equity Paid-In Capital: Total Paid-In Capital Total Total Stockholders Equity