The stockholders' equity accounts of Bridgeport Corporation on January 1, 2022, were as follows. During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 26,000 shares of common stock for $120,000. Apr. 14 Sold 5,600 shares of treasury stock-common for $32,600. Sept. 3 issued 4,700 shares of common stock for a patent valued at $35,900. Nov. 10 Purchased 1,000 share of common stock for the treasury at a cost of $6,000. Dec 31 Determined that net income for the year was $400,000. No dividends were declared during the year. Journalize the transactions and the closing entry for net income, (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare a stocikholders' equity section at December 31, 2022. (Enter the occount name unily and do not provide the descriptive informution pruvided in the questian.) BRIDCEPORT CORPORATION Balance Sheet (Partial) 5 $ 5