Problem $210$ The stockholders equity accounts of Jones & Co$.$ at January $1,2023,$ were as follows:Common Stock $($$$2$ par value, $5,000,000$ shares authorized$)$Paid in capital in excess of par$-$commonRetained EarningsTreasury Stock $(50,000$ common shares$)4$ million shares$13$ dollar a share$1-$Jan$-238\mathrm{.}000\mathrm{.}0005,600,0007,645,000650\mathrm{.}000$$$21,895,000$During $2023,$ the company had the following transactions and events pertaining to its stockholders equity:$1-$Mar Issued $6,000$ shares of common stock for $$140,00020-$Apr Sold $20,000$ shares of Treasury Stock for $$350,00015-$Nov Sold the remaining shares in the treasury for $$110,00031-$Dec Determined that net income for the vear was $$890\mathrm{.}000$No dividends were declared during the yearA$)$B$)$Journalize the transactons and the closing entries for the earComplete the stockholders equity section at December $31,2023$Problem $331-$Dec$-2312128\_90890$