Stockholders' Equity Paid-In Capital: Common Stock- $10 Par Value; 350,000 shares authorized, 32,000 shares issued and outstanding $320,000 \begin{tabular}{lr} \multicolumn{1}{c}{ Paid-In Capital in Excess of Par-Common } & 330,000 \\ \cline { 2 - 3 } Total Paid-In Capital & 650,000 \\ Retained Earnings & $160,000 \\ \hline Total Stockholders' Equity & $810,000 \\ \hline \hline \end{tabular} 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31 , 2024. Assume Goldstein's net income for the year was $90,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024 Stockholders' Equity Paid-In Capital: Common Stock- $10 Par Value; 350,000 shares authorized, 32,000 shares issued and outstanding $320,000 \begin{tabular}{lr} \multicolumn{1}{c}{ Paid-In Capital in Excess of Par-Common } & 330,000 \\ \cline { 2 - 3 } Total Paid-In Capital & 650,000 \\ Retained Earnings & $160,000 \\ \hline Total Stockholders' Equity & $810,000 \\ \hline \hline \end{tabular} 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31 , 2024. Assume Goldstein's net income for the year was $90,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024