Camera 118 0 tem Decathlon at 15 Date CH and Eagle Feb 15. Pech De D Clearborn Manufacturing Co. completed the following transactions during 2018: (Click the icon to view the transactions.) Read the requirements 38 Ju. 30. Declared a 50% stock dividend on the common stock. The market value of the common stock was $8 per share Date Accounts and Explanation Debit Credit Jul 30 Aug 15. Distributed the stock dividend Debit Credit Date Accounts and Explanation Aug 15 Debit Credit Oct 26. Purchased 1.600 shares of treasury stock at $10 per share Date Accounts and Explanation Oct 26 Debit Credit Nov. 8: Sold 800 shares of treasury stock for $12 per share. Date Accounts and Explanation No 8 Read the requirements Oct. 26: Purchased 1,600 shares of treasury stock at $10 per share. Date Accounts and Explanation Debit Credit Oct 26 Nov. 8: Sold 800 shares of treasury stock for $12 per share Debit Credit Date Accounts and Explanation Nov. 8 Debit Credit Nov. 30: Sold 700 shares of treasury stock for $7 per share, Date Accounts and Explanation Nov. 30 Requirement 2. Prepare the Clearborn's stockholders' equity section of the balance sheet as of December 31, 2018. Assume that Clearbe were issued at par. The ending balance of retained earnings as of December 31, 2018, is $2,030,000. (Use parentheses or a minus sign for Alurhorn Manufacturing, Co. Repairement the body wton of the use of w31.20 Geboren The ending and comfo2018, 12.000.000 Clearomana Bestia December 2012 w Tore info Jan. 16 Feb. 15 Jun. 10 Declared a cash dividend on the 4%, $96 par noncumulative preferred stock (1,200 shares outstanding). Declared a $0.25 per share dividend on the 85,000 shares of $10 par value common stock outstanding. The date of record is January 31, and the payment date is February 15. Paid the cash dividends. Split common stock 2-for-1. Declared a 50% stock dividend on the common stock. The market value of the common stock was $8 per share. Distributed the stock dividend. Purchased 1,600 shares of treasury stock at $10 per share. Sold 800 shares of treasury stock for $12 per share. Sold 700 shares of treasury stock for $7 per share. Jul. 30 Aug. 15 Oct. 26 Nov. 8 Nov. 30 Done Print - Requirements 1. Record the transactions in Clearborn's general journal. 2. Prepare the Clearborn's stockholders' equity section of the balance sheet as of December 31, 2018. Assume that Clearborn was authorized to issue 1,500 shares of preferred stock and 500,000 shares of common stock. Both preferred stock and common stock were issued at par. The ending balance of retained earnings as of December 31, 2018, is $2,030,000. Done Print Sold 700 shares of treasury stock for $7 per share. Nov. 30