SECTION 3-STOCKHOLDERS EQUITY-57 points For questions 24-28, determine each jounal entry for Giannis Incorporated the Stockholders' Equity Section of the Balance sheet at the end of the year 29 For question 29, prepare of the yearr 24. Giannis Inc. incorporated on January 2d, 2017. It was authorized to issue 5sktits sharholders. shares of common stock. On January 3d, Giannis issued 90,000 shares of common The common stock shares have a par value of $1 and was sold at $18 a share. Corporation, Giannis has no beginning Retained Earnings As a new 25. On April 14h, Giannis declared a cash dividend of $16,000. 6. On April 30, Giannis determined which shareholders would receive its dividend. On June 16th, Giannis paid the dividend it had declared. September 179, Giannis bought back 20,000 shares of its own stock for $22 a share