The stockholders' equity section of Benton Corporation's balance sheet as of December 31, 2014 is as follows: Stockholders' Equity Common stock, $5 par value; authorized, 1,600,000 shares; issued, 320,000 shares $1,600,000 Paid-in capital in excess of par 869,000 Retained earnings 3,120,000 $5,589,000 The following events occurred during 2015: 1. Jan. 5 30,000 shares of authorized and unissued common stock were sold for $7 per share. 2. Jan. 16 Declared a cash dividend of 20 cents per share, payable February 15 to stock-holders of record on February 5. 3. Feb. 10 40,000 shares of authorized and unissued common stock were sold for $12 per share. 4. March 1 A 30% stock dividend was declared and issued. Fair value per share is currently $14. 5. April 1 A two-for-one split was carried out. The par value of the stock was to be reduced to $2.50 per share. Fair value on March 31 was $18 per share. 6. July 1 A 15% stock dividend was declared and issued. Fair value is currently $10 per share. 7. Aug. 1 A cash dividend of 20 cents per share was declared, payable September 1 to stockholders of record on August 21. Enter the above events into the following work sheet showing how each event affects the column. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not leave any answer field blank. Enter 0 for amounts.) Common Stock Item No. of Shares Issued Total Par Value Paid-in Capital in Excess of Par Retained Earnings Beginning Balance-1/1/13 $ $ $ Event #1-Jan. 5 Balance $ $ $ Event # 2-Jan. 16 Balance $ $ $ Event #3-Feb. 10 Balance $ $ $ Event #4-March 1 Balance $ $ $ Event #5-April 1 Balance $ $ $ Event #6-July 1 Balance $ $ $ Event #7-Aug. 1 Balance $ $ $ Click if you would like to Show Work for this question: Open Show Work