View w Attempt try Current Attemptin Progress Your answer is partially correct The following stockholders equity accounts, arranged alphabetically, are in the ledger of Flounder Corporation December 31, 2022. Conmon Stock (55 stated ted value $1.715.000 Paid-in Capital in Excess of Par -- Preferred Stock 263.000 Paid in Capital in Exts of stated Value-Common Stock 872,000 Preferred Stock tex $100 par 490,000 Retained Earnings 1020.000 Treasury Stock [10.500 common shares) 126.000 Prepare the stockholders' equity section of the balance sheet at December 31, 2022. Enter the account name only and do not provide the descriptive information provided in the question FLOUNDER CORPORATION Partial Balance Sheet December 31, 2022 FOUNDER CORPORATION Partial alanathaal 11.00 View 230 Stock BE View Police Show Attempt History Current Attempt in Progress Grouper Corporation had the following stockholders' equity accounts on January 1, 2022. Common Stock (55 par $550,000, Paid-in Capital in Excess of Par-Common Stock $180,000, and Retained Earnings $110.000. In 2022, the company had the following treasury stock transactions Mar. 1 June 1 Purchased 5500 shares at $8 per share Sold 1.500 shares at $12 per share. Sold 2,000 shares at $10 per share. Sold 1,000 shares at $6 per share. Sept. 1 Dec. 1 Grouper Corporation uses the cost method of accounting for treasury stock. In 2022, the company reported net income of $30,000 (a) Joumalize the treasury stock transactions, and prepare the closing entry at December 31, 2022, for net income. (List all debit entries before credit entries. Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Account Titles and Explanation Date Credit 44000 Mar 1 Treasury Stock 18000 cach