The stockholders' equity accounts of Flint Corporation on January 1, 2022, were as follows. Preferred Stock ( 8%, $52 par, 10,000 shares authorized) Common Stock ($1 stated value, 2,050,000 shares authorized) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (10,000 common shares) Feb. 1 Apr. Sept. 3 14 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Nov. 10 $ 390,000 1,100,000 Dec. 31 135,000 1,400,000 1,750,000 50,000 Issued 24,500 shares of common stock for $125,000. Sold 5,900 shares of treasury stock-common for $32,300. Issued 4,900 shares of common stock for a patent valued at $34,300. Purchased 1,100 shares of common stock for the treasury at a cost of $5,900. Determined that net income for the year was $500,000. SUPPORT

please solve for all parts idk what to do. thank you.

Enter the beginning balances in the accounts, and post the journal entries to the stockholders' equity accounts. (Use J5 for the posting reference.) (Post entries in the order of journal entries presented in the previous part.) The stockholders' equity accounts of Flint 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 24,500 shares of common stock for $125,000. Apr. 14 Sold 5,900 shares of treasury stock-common for $32,300. Sept. 3 Issued 4,900 shares of common stock for a patent valued at $34,300. Nov. 10 Purchased 1,100 shares of common stock for the treasury at a cost of $5,900. Dec. 31 Determined that net income for the year was $500,000. Prepare a stockholders' equity section at December 31, 2022. (Enter the account name only and do not provide the descriptive information provided in the question.) 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.)