Can you show how to prepare the "Stockholders' Equity" section of the December 31, 20Y6, balance sheet.

Instructions Journalize the selected transactions. After all of the transactions for the year ended December 31, Year 1, had been posted [including the transactions recorded in part (1) and all adjusting entries], the data that follows were taken from the records of Equinox Products Inc. Prepare a multiple-step income statement for the year ended December 31, Year 1, concluding with earnings per share. In computing earnings per share, assume that the average number of common shares outstanding was 100,000 and preferred dividends were $100,000. Round earnings per share to the nearest cent. Prepare a retained earnings statement for the year ended December 31, Year 1. Prepare a balance sheet in report form as of December 31, Year 1. Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, Year 1, were as follows: a. Issued 15,000 shares of $20 par common stock at $30, receiving cash. b. Issued 4,000 shares of $80 par preferred 5% stock at…

On January 1, 2022. Sunland Company had the following stockholders' equity accounts. Common Stock ($20 par value, 61,400 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock I Retained Earnings During the year, the following transactions occurred. Feb. 1 Mar. 1 Apr. 11 July 1 31 Dec. 1 31 $1,228,000 194,000 556,000 Declared a $3 cash dividend per share to stockholders of record on February 15, payable March 1. Paid the dividend declared in February. Announced a 2-for-1 stock split. Prior to the split, the market price per share was $36. Declared a 10% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $14 per share. Issued the shares for the stock dividend. Declared a $0,50 per share dividend to stockholders of record on December 15, payable January 5, 2023. Determined that net income for the year was $320,000.