The stockholders' equity section of Benton Corporation's balance sheet as of December 31, 2020 is as follows (8 points): Stockholders' Equity Common stock. $6 par value: authorized, 2.000.000 shares: issued. 800.000 shares $3.000.000 Paid-in capital in excess of par 850.000 Retained earnings 4.500.000 $8.350,000 The following events occurred during 2021: 1. Jan. 5 45,000 shares of authorized and unissued common stock were sold for $8 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 60,000 shares of authorized and unissued common stock were sold for $12 per share. A 30% stock dividend was declared and issued. Fair value per share is currently 315. 4. March 1 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. Instructions Enter the above events into the following worksheet showing how each event affects the column Event No. 1 will serve as an example, Common Stock No. of Total P aid-in Capital in Item Shores savedPar ValueExcesso Per Retained Eaming Beginning Balance 1/1/21 000.000 $3.000.000 $850.000 $4.500.000 Event #1 Jan 5 45.000 135.000 Balance 645.000 53.226.000 S986.000 54.500.000 Event 2-Jan. 16 (and events a through 7)