Stream Launch Company reports the following components of stockholders' equity at December 31, 2019. Common stock-$10 par value, 130,000 shares authorized, 50,000 shares issued and outstanding Paid-in capital in excess of par value, common stock Retained earnings Total stockholders' equity $ 500,000 75,000 410,000 $ 985,000 During 2020, the following transactions affected its stockholders' equity accounts. Jan. 2 Purchased 5,000 shares of its own stock at $23 cash per share. Jan. 5 Directors declared a $2 per share cash dividend payable on February 28 to the February 5 stockholders of record. Feb. 28 Paid the dividend declared on January S. July 6 Sold 1,900 of its treasury shares at $27 cash per share. Aug. 22 Sold 3,100 of its treasury shares at $20 cash per share. Sept. 5 Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. Oct. 28 Paid the dividend declared on September 5. Dec. 31 Closed the $164,500 credit balance (from net income) in the Income Summary account to Retained Earnings. General Requirement Journal General Ledger Trial Balance RE Statement of Stockholders Equity In act on Ety For each transaction, indicate the impact on total stockholders' equity. Enter decreas values. Verify that total Stockholders' equity as of December 31, as calculated, agrees with the a o equity as negative unt reported on the For each transaction, indicate the impact on total stockholders' equity. Enter decreases to equity as negative values. Verify that total Stockholders' equity as of December 31, as calculated, agrees with the amount reported on the balance sheet. Dates: Jan 01 to: Dec 31 Impact on equity $ Total Stockholders' Equity- December 31 Jan. 2) Purchased 5,000 shares of its own stock at Stockholders' equity decreased $23 cash per share. Jan. 5) Directors declared a $2 per share cash dividend payable on Feb. 28 to the Feb. 5 stockholders of record. Feb. 28) Paid the dividend declared on January 5. Jul. 6) Sold 1,900 of its treasury shares at $27 cash per share. Aug. 22) Sold 3,100 of its treasury shares at $20 cash per share. Sep. 5) Directors declared a $2 per share cash dividend payable on October 28 to the September 25 stockholders of record. Oct. 28) Paid the dividend declared on September 5. Dec. 31) Closed the $164,500 credit balance (from net income) in the Income Summary account to Retained Earnings (115,000) Stockholders' equity decreased (90,000) No change in total equity Stockholders' equity increased 0 51,300 Stockholders' equity increased 62,000 100,000 0 Stockholders' equity increased No change in total equity Stockholders' equity increased 164,500 $ 172,800 Total Stockholders' Equity-as calculated on December 31