I would like to know how to set up all the sheets and steps for all the requirements of this problem. And how to solve each of the steps math wise to get the numbers for all parts. Thank you!

The balance sheet of Patrick Management Consulting, Inc. at December 31,2023 , reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Patrick completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Record the transactions in the general journal. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Feb. 6: Declared a 5% stock dividend on the common stock. The market value of Patrick's stock was $20 per share. The balance sheet of Patrick Management Consulting, Inc. at December 31,2023 , reported the following stockholders' equity: (Click the icon to view the stockholders' equity section of the balance sheet.) During 2024, Patrick completed the following selected transactions: (Click the icon to view the transactions.) Read the requirements. Declared a 5% stock dividend. Feb. 15: Distributed the stock dividend. Data table Feb. 6 Declared a 5\% stock dividend on common stock. The market value of Patrick's stock was $20 per share. Feb. 15 Distributed the stock dividend. Jul. 29 Purchased 2,100 shares of treasury stock at \$20 per share. Nov. 27 Declared a $0.10 per share cash dividend on the common stock outstanding. Requirements 1. Record the transactions in the general journal. 2. Prepare a retained earnings statement for the year ended December 31 , 2024. Assume Patrick's net income for the year was $83,000. 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2024