roblem 11-2A he stockholders' equity accounts of Swifty Corporation on January referred Stock 8%, $100 par noncumulative, 4.100 shares authorized Common Stock ($4 stated value, 331,000 shares authorized) aid-in Capital in Excess of Par Value-Preferred Stock aid in Capital in Excess of Stated Value Common Stock Fetained Earnings Teasury Stock (4,100 common shares) uring 2017, the corporation had the following transactions and events pertaining to b. 1 Issued 5,020 shares of common stock for $35,140 war. 20 Purchased 1,000 additional shares of common treasury stock Oct. 1 Declared a 8% cash dividend on preferred stock, payable November 1 How 1 Paid the dividend declared on October 1. Dec. 1 Declared a $0.85 per share cash dividend to common stockholders of record Dec 31 Determined that not income for the year was $275,600. Pald the dividend de ournalize the transactions. Include entries to close net income and dividends to Retained (Record entries in the order displayed in the problem statement Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to o decimal places, e.o. 5,275.) Date Account Titles and Explanation Credit ULLATO ULL SCREEN PRINTER VERSION VERSION BACK BACK NEXT Journalize the transactions. Include entries to dose net income and dividends to Retained Earnings.) (Record entries in the order displayed in the probleme statement Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to O decimal places 5,275) Date Account Titles and Explanation Debit Credit PRINTER VERSION BACK nter the beginning balances in the accounts and post the journal revious part. For accounts that have zero ending balance the stockholders' equity accounts. (Pest entries in the order of journal entries posted in be the balance date and zero for the amount.) Preferred Stock Capital in Excess of PA 4* DENG 11:27 AM 7/18/2019 Prepare the stockholders' equity section of the balance sheet at Decem SWIETY CORPORATION Partial Balance Sheet