The stockholders' equity accounts of Novak Corp. on January 1, 2020, were as follows. During 2020, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 26,000 shises 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. Now. 10 Purchased 1,000 shares of common stock for the treasury at a cost of $6.000. Dec. 31 Determined that net income for the vear was $400,000. No dividends were declared during the year. \begin{tabular}{|c|c|c|c|} \hline Feb. 1 : ] & cosh & 220000 & \\ \hline & & 8 & \\ \hline & & & \\ \hline & Paid-in Capital in Eacess of Stated Vabe Common Stoch & & 94,000 \\ \hline \multirow[t]{4}{*}{ Aar.14:; } & Ginh in & 32,600 & \\ \hline & & & \\ \hline & Treasury 5esck & Be & 2R,000 \\ \hline & Psis in Capitalftoen Trearury Stodk. & & \\ \hline sepc3; & Pitents. & 35300 & + \\ \hline \multirow{4}{*}{, } & & - & \\ \hline & Consinon Stock & & 4700 \\ \hline & & & = \\ \hline & Pridf in Goptai in Excess of Suted Valie-Common Stock & 4 & 31200 \\ \hline \multirow{3}{*}{ Nov. 10:} & Treastury Stodk & 6000 & \\ \hline & & & \\ \hline & Carh & & 6000 \\ \hline Dec31: & hecomesultsiary & 400000 & \\ \hline & & & \\ \hline \end{tabular} Enter the beginning balances in the accounts, and post the journal entries to the stockholders' equity accounts. (Use T-accounts) (Post entries in the order of journat entries presented in the previous part.) Jan.1Bal : Jan 1Bal Feb. 1 Feb. 1 sep3 sep3 Dec 318al. Decisibal : Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Paid-in Capital from Treasury Stock Treasury Stock