Can you please provide complete steps/work? For both the Journal Entries and the Stockholders' Equity section of the balance sheet. Thank you!

Problem 15-1 On January 5, 2017, Bridgeport Corporation received a charter granting the right to issue 5,500 shares of $100 par value, 7% cumulative and nonparticipating preferred stock, and 49,000 shares of $10 par value common stock. It then completed these transactions. Jan. 11 Feb. 1 July 29 Aug. 10 Dec. 31 Issued 18,400 shares of common stock at $15 per share. Issued to Sanchez Corp. 3,800 shares of preferred stock for the following assets: equipment with a fair value of $52,700; a factory building with a fair value of $165,000; and land with an appraised value of $255,000. Purchased 1,800 shares of common stock at $16 per share. (Use cost method.) Sold the 1,800 treasury shares at $14 per share. Declared a $0.35 per share cash dividend on the common stock and declared the preferred dividend. Closed the Income Summary account. There was a $186,500 net income. Dec. 31 Required: a. Record the journal entries for the transactions listed above b. Prepare the stockholders' equity section of Bridgeport Corporation's balance sheet as of December 31, 2017