Requirement 2 ,please help

The balance sheet of Entertainment Inc, at December 31, 2017, reported 700,000 shares of S3 par common stock authorzed with 120,000 shares issued and outstanding Paid in capital in excess of par-common had a balance of $312.000 Retained earnings had a balance of S109,000 During 2018, the company completed the following selected transactions Click the icon to view the transactions) Read the requirements More info Requirement 2. Prepare the stockholders' equity during the year (Enter the accounts in the proper Feb 15 Purchased 11 000 shares of troasury stock at $5 per share Mar 8 Sold 8 000 shares of treasury stock for $8 per share Sep 28 Declared and distributed a 5% stock dividend on the 117 000 shares of outstanding common stock The market value of Entertainment's common stock was $0 per share Stock - X Requirements Paid in capital Common stock, 53 par 137550 sharos issued Paid in capital in excess of par common Paid in capital treasury stock Total paid in capital Retained earnings Less Treasury stock 1. Record the transactions in the journal Explanations are not required 2. Prepare the stockholders' equity section of the balance sheet at December 31, 2018, assuming the company earned $78,000 of net income during the year 8000 Total stockholders oquity Print Done V