Problem 11-7A (Part Level Submission) On January 1, 2019, Cheyenne Corp. had the following stockholders' equity accounts. Common Stock ($12 par value, 83,800 shares issued and outstanding) $1,005,600 Paid-in Capital in Excess of Par Value-Common Stock 201,000 Retained Earnings 566,000 During the year, the following transactions occurred. Jan. 15 Declared a $1.12 cash dividend per share to stockholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Declared a 5% stock dividend to stockholders of record on April 30, distributable May 15. On April 15, the market price of the stock was $15 per share. Issued the shares for the stock dividend. July 1 Announced a 2-for-1 stock split. The market price per share prior to the announcement was $14. (The new par value is $6.) Dec. 1 Declared a $0.90 per share cash dividend to stockholders of record on December 15, payable January 10, 2020. Dec. 31 Determined that net income for the year was $240,000. Apr. 15 May 15 Prepare a stockholders' equity section at December 31, 2019. (Enter the account name only and do not provide the descriptive information provided in the question.) Cheyenne Corp. Balance Sheet (Partial) December 31, 2019 Stockholders' Equity Paid-in Capital Capital Stock X Common Stock 50280 Additional Paid-in Capital x Paid-in Capital in Excess of Par-Common Stock 201000 X Total Paid-in Capital 1206600 X Retained Earnings 566000 X Total Stockholders' Equity 1772600