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Sun Corporation received a charter that authorized the issuance of $100\mathrm{.}000$ share $$10$ par common stock and $50\mathrm{.}000$ shares of $$50$ par. $5$ percent preferred stock. Sun Corporation completed the following transactions during its first two years of operation.

Year $1$

January $5$ Sold $6,$ ebe shares of the $$10$ par comon stock for $$1$s per share.

January $12$ Sold $1,$ea shares of the $5$ perfent prefenned stoch for &ss per share.

April $5$ sold $3,$ shares of the $$10$ par gommon stock for $$2$d per shares. paid on February $15$ to stockholens of necond of panuany $1$a$,$ year $2.$

Year $2$

b$.$ Prepare the balance sheets at December $31,$ Year $1|$ond $4=$ ar $2.$

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Year $1$

Year $2$

Bans$=$mest

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