Stanborn manufactoeung co completed the following transactions dueing 2024:

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Starborn Manufacturing Co. completed the following transactions during 2024: (i) (Click the icon to view the transactions.) Moad the requiremente Nov. 30: Sold Date Nov, 30 Requirement and 400,000s parentheses c n was authorized to is: parentheses c gis as of December 31 Now. 30: Sold 1,600 shares of treasury stock for $7 per share. Requirement 2. Prepare the Starbomis stockhoiders' equity section of the balance sheet as of December 31, 2024. Assume that Starborn was authorized to issue 1,200 shares of preferred stock and 400,000 shares of common slock. Both preferred stock and common stock were issued at par. The ending balance of retained earnings as of December 31,2024, is $2,030,000. (Use parentheses of a minis slan for amounts to be subtracted.) Starborn Manufacturing, Co. Balance Sheet (Partial) December 31, 2024 Stockholders' Equity Paid-In Capital: Total Paid-In Capital Total Stockholders' Equity