Tony and Suzie have purchased land for a new camp. Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool. Tony and Suzie first checked with Summit Bank to see if they could borrow an additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of stock in the company to raise the additional funds for the camp.

Great Adventures has authorized $1 par value common stock. When the company began on July 1, 2021, Tony and Suzie each purchased 10,000 shares (20,000 shares total) of $1 par value common stock at $1 per share. The following transactions affect stockholders equity during the remainder of 2022:

November	5		Issue an additional 126,000 shares of common stock for $10 per share.
November	16		Purchase 12,600 shares of its own common stock (i.e., treasury stock) for $28 per share.
November	24		Resell 6,600 shares of treasury stock at $29 per share.
December	1		Declare a cash dividend on its common stock of $14,000 ($0.10 per share) to all stockholders of record on December 15.
December	20		Pay the cash dividend declared on December 1.
December	31		Pay $865,000 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account.

PLEASE HELP ME COMPLETE ALL STEPS THANK YOU

Chapter 10 Case: Great Adventures General Ledger (Algo) Saved Help Save & Exit Submit Check my work 1 Requirement General Journal General Ledger Trial Balance Income Statement Balance Sheet The ending balance values from the General Ledger tab flows through to the Trial Balance below. The unadjusted, or post- closing balances will appear for each account, based on your selection. 100 points Post-closing Dates: Nov 05 to: Dec 31 GREAT ADVENTURES, INC. Trial Balance December 31, 2022 eBook Account Title Debit Credit $ 72,584 Print 52,600 2,660 References 9,600 1,160 760,000 88,780 Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Prepaid Insurance Land Equipment Accumulated Depreciation Accounts Payable Interest Payable Income Tax Payable Deferred Revenue Notes Payable (Current) Notes Payable (Long-term) Contingent Liability Warranty Liability Common Stock Retained Earnings Service Revenue 27,850 23,400 1,400 15,800 7,600 74,281 715.520 14,600 6,600 20,000 34,750 45,800 Check my work 1 74.281 100 Notes Payable (Current) Notes Payable (Long-term) Contingent Liability Warranty Liability Common Stock Retained Earnings Service Revenue Sales Revenue points 715,520 14,600 6,600 20,000 34,750 45,800 146,000 eBook Sales Discounts 480 380 Print 39,800 18,550 1,150 References Interest Revenue Cost of Goods Sold Depreciation Expense Supplies Expense Salaries Expense Bad Debt Expense Interest Expense Rent Expense Income Tax Expense Insurance Expense Repairs and Maintenance Expense Warranty Expense 30,500 3,050 10,027 3,700 15,800 7,000 660 6,600 LOSS 14,600 1,136,641 $ Total $ 1,136,641 Check my work 1 Post-closing Dates: Nov 05 to: Dec 31 GREAT ADVENTURES, INC. Income Statement For the Period Ended December 31, 2022 100 points $ 0 0 0 0 eBook Net Sales 0 0 Print Gross Profit $ 0 Operating Expense 0 References 0 0 0 0 Total Operating Expenses Operating Income (Loss) 0 0 0 0 $ 0 Mc Check my work 1 The balance sheet is the accounting equation: Assets = Liabilities + Equity. Each asset and liability account is reported separately on the balance sheet. The unadjusted, or post-closing balances will appear for each account, based on your selection. Post-closing Dates: Nov 05 to: Dec 31 100 points GREAT ADVENTURES, INC. Balance Sheet December 31, 2022 Assets Liabilities Current Assets Current Liabilities: eBook $ 0 0 0 0 Print 0 0 0 0 0 0 References 0 0 0 0 0 0 0 Total Current Liabilities 0 0 0 0 0 0 Total Liabilities 0 Total Current Assets Long-term Assets: Stockholders' Equity 0 0 0 0 0 Total Stockholders' Equity 0 Total Liabilities and Stockholders' Equity 0 Total assets $ $ 0