01:20:48 Hide 1 Stockholders' Equity Common stock. $5 par value; authorized, 1,700,000 shares; issued, 340,000 shares $1,700,000 Paid-in capital in excess of par 833,000 Retained earnings 3,170,000 $5,703,000 The following events occurred during 2018: 1. Jan.5 29,000 shares of authorized and unissued common stock were sold for $7 per share. 2. Jan. 16 Declared a cash dividend of 20 cents per share, payable February 15 to stockholders of record on February 5. 3. Feb. 10 40,000 shares of authorized and unissued common stock were sold for $13 per share. 4. March 1 A 30% stock dividend was declared and issued. Fair value per share is currently $16. 5. April 1 Atwo-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. Enter the above events into the following work sheet showing how each event affects the column. (Enter negative amounts using either a negative sign preceding the number .-45 or parentheses (45). Do not leave any answer field blank. Enter for amounts.) Na o Shares issued Common Stock Total Par Value Pald-in Capital in Excess of Par Retained Earnings Beginning Balance-1/1/18 Event 01-Jan 5 Balance Event #2-Jan. 16 Balance Event 3-Feb. 10 Balance Event 04-March 1 Balance Events-April 1 Balance Event #6--July 1 Event 17-Aug 1