The stockholders' equity accounts of Blue Spruce Corp. on January 1, 2025, were as follows. During 2025, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 3,500 shares of common stock for $21,000. Mar. 20 Purchased 700 additional shares of common treasury stock at $7 per share. Oct, 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1 Dee. 1 Declared a $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31,2 During 2025, the corporation had the following transactions and events pertaining to its stockholders equity. Feb. 1 Issued 3,500 shares of common stock for $21,000. Mar. 20 Purchased 700 additional shares of common treasury stock at $7 per share. Oct. 1 Declared a 7% cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1. Dec. 1 Declareda $0.50 per share cash dividend to common stockholders of record on December 15, payable December 31,2 Dec. 31 Determined that net income for the year was $195,000. Paid the dividend declared on December 1. Date Account Titles and Explanation Debit Credit (To close Income Summary and transter net income to Retained Earnings) (To dose Cash Dividends to Retained Earnings) (To record payment of cash dividends payable) order of journal entries recorded in the previous part. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount on the normal side of the account.) Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Cash Dividends Treasury Stock Prepare the stockholders' equity section of the balance sheet at December 31, 2025. (Enter account name only and do not provide descriptive information.)