This is a three-part question. Please provide workings as well, it'll help a lot!

Part (a)

Please use the account list below.

Part (b) Enter the beginning balance and post the entries to the stockholders' equity T-accounts. (Note: Open additional stockholders' equity accounts as needed.)

Part (c) Prepare the stockholders' equity section of the balance sheet at December 31.

On January 1, 2020, Cullumber Company had the following stockholders' equity accounts. Common Stock ($10 par value, 75,000 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $750,000 180,000 500,000 During the year, the following transactions occurred. Jan. 15 Feb. 15 Apr. 15 May 15 Declared a $1.00 cash dividend per share to stockholders of record on January 31, payable February 15. Paid the dividend declared in January. Declared a 5% stock dividend to stockholders of record on April 30, distributable May 15. On April 15, the market price of the stock was $15 per share. Issued the shares for the stock dividend. Announced a 2-for-1 stock split. The market price per share prior to the announcement was $13. (The new par value is $5.) Declared a $0.40 per share cash dividend to stockholders of record on December 15, payable January 10, 2021. Determined that net income for the year was $200,000. July 1 Dec. 1 Dec. 31 Journalize the transactions and the closing entries for net income and dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter for the amounts.) Date Debit Cre Jan. 15 Account Titles and Explanation Cash Dividends Dividends Payable Feb. 15 Dividends Payable Cash Apr. 15 Stock Dividends Common Stock Dividends Distributable Paid-in Capital in Excess of Par-Common Stock May 15 Common Stock Dividends Distributable Common Stock Dec. 1 Cash Dividends Dividends Payable Dec. 31 Income Summary Retained Earnings Dec. 31 Income Summary Retained Earnings (To close net income) Retained Earnings Dec. 31 Cash Dividends (To close cash dividends) Retained Earnings LE Dec. 31 Stock Dividends (To close stock dividends) Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Accumulated Other Comprehensive Income Accumulated Other Comprehensive Loss Allowance for Doubtful Accounts Bad Debt Expense Buildings Cash Cash Dividends Common Stock Common Stock Dividends Distributable Cost of Goods Sold Depreciation Expense Dividends Dividends Payable Equipment Income Summary Income Tax Expense Income Tax Payable Insurance Expense Interest Expense Interest Payable Inventory Land No Entry Notes Payable Operating Expenses Organization Expense Other Operating Expenses Paid-in Capital from Treasury Stock Paid-in Capital in Excess of Par-Common Stock Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Patents Preferred Stock Prepaid Expenses Professional Fees Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Service Revenue Stock Dividends Supplies Supplies Expense Treasury Stock Unearned Service Revenue Utilities Expense