The balance sheet of Truman Management Consulting, Inc. at December 31, 2017, reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet) During 2018, Truman completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements Requirement 1. Record the transactions in the general journal (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb. 6: Declared a 15% stock dividend on the common stock. The market value of Truman's stock was $21 per share Date Accounts and Explanation Debit Credit Feb. 6 Retained Earnings Common Stock Dividend Distributable Paid in Capital in Excess of ParCommon Declared a 15% stock dividend Feb. 15: Distributed the stock dividend. Date Debit Credit Feb. 15 Accounts and Explanation Common Stock Dividend Distributable Common Stock-S12 Par Value Stockholders' Equity Paid-In Capital: Common Stock-$12 Par Value; 300,000 shares authorized, 25,000 shares issued and outstanding Paid-In Capital in Excess of ParCommon Total Paid-In Capital $ 300,000 320,000 620,000 159,000 Retained Earnings Total Stockholders' Equity 779,000 Print Done Feb. 6 Declared a 15% stock dividend on common stock. The market value of Truman's stock was $21 per share. 15 Distributed the stock dividend. Jul. 29 Purchased 2,000 shares of treasury stock at $21 per share. Nov. 27 Declared a $0.10 per share cash dividend on the common stock outstanding. 1. Record the transactions in the general journal. Prepare a retained earnings statement for the year ended December 31, 2018. Assume Truman's net income for the year was $81,000. Prepare the stockholders' equity section of the balance sheet at December 31, 2018 3