please explain the process. thanks

At September 30, the end of Beijing Company's third quarter, the following stockholders' equity accounts are reported. Common stock, $14 par value Paid-in capital in excess of par value, common stock Retained earnings $ 480,000 100,000 320,000 In the fourth quarter, the following entries related to its equity are recorded: Date Oct.2 General Journal Retained Earnings Common Dividend Payable Debit 50,000 Credit 50.000 Oct. 25 Common Dividend Payable Cash 50,000 50,000 75,000 Oct. 31 Retained Earnings Common Stock Dividend Distributable Paid-In Capital in Excess of Par Value, Common Stock 36,000 39,000 Nov. 5 Common Stock Dividend Distributable Common Stock, $14 Par Value 36,000 36,000 Dec. 1 Memo Change the title of the common stock account to reflect the new par value of $4. 280,000 Dec. 31 Income Summary Retained Earnings 280,000 Required: 2. Complete the following table showing the equity account balances at each indicated date. Nov. 5 Dec. 1 Dec.31 Oct. 2 $ 480,000 Oct. 25 Oct 31 $ 480,000 $ 480,000 Common stock Common stock dividend distributable Paid-in capital in excess of par, Common stock Retained earnings Total equity $ 480,000 $ 480,000 $ 480,000 $ 0 $ 0 $ 0