The balance sheet of Milla K (Click the icon to view During 2024, Millan comp 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31, 2024, Assume Millan's net income for the year was $85,000. More info (Click the icon to view Read the requirements 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024. Feb. 6 Declared a 10% stock dividend on common stock The market value of Millan's stock was $26 per share, Feb. 15 Distributed the stock dividend. Jul. 29 Purchased 2,400 shares of treasury stock at $20 per share. Nov. 27 Declared a $0.20 per share cash dividend on the common stock outstanding Print Done Common Stock Dividend Distributable Print Done kholders' Equity Paid-In Capital Common Stock-$12 Par Value; 100,000 shares authorized, 15,000 shares issued and outstanding 180,000 Paid-In Capital in Excess of Par-Common 340,000 Total Paid-In Capital Retained Earnings Total Stockholders' Equity $20,000 165.000 S 685,000 Print Done