Please, I need help fixing the errors for retained earning and required 3 part c

Please, I'm struggling on it extra information if needed?

Part On October 1, 2021, Nicklaus Corporation receives permission to replace its $1 par value common stock (6,000,000 shares authorized, 4,000,000 shares issued, and 3,800,000 shares outstanding) with a new common stock Issue having a $0.50 par value. Since the new par value is one-half the amount of the old, this represents a 2-for-1 stock split. That is, the shareholders will receive two shares of the $0.50 par stock in exchange for each share of the $1 par stock they own. The $1 par stock will be collected and destroyed by the Issuing corporation. On November 1, 2021, the Nicklaus Corporation declares a $0.18 per share cash dividend on common stock and a $0.35 per share cash dividend on preferred stock. Payment is scheduled for December 1, 2021, to shareholders of record on November 15, 2021. On December 2, 2021, the Nicklaus Corporation declares a 1% stock dividend payable on December 28, 2021, to shareholders of record on December 14. At the date of declaration, the common stock was selling in the open market at $10 per share. The dividend will result in 76,000 (0.01 * 7,600,000) additional shares being issued to shareholders. Required: 1. Prepare journal entries to record the declaration and payment of these stock and cash dividends. 2. Prepare the December 31, 2021, shareholders' equity section of the balance sheet for the Nicklaus Corporation. (Assume net Income for the fourth quarter was $2,750,000.) 3. Prepare a statement of shareholders' equity for Nicklaus Corporation for 2021. Complete this question by entering your answers in the tabs below. Required 1 Part A Required 2 Part A Required 1 Part B Required 2 Part B Required 1 Part C Required 2 Part C Required 3 Part C Prepare journal entries to record the declaration and payment of these stock and cash dividends. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No General Journal Debit Credit Date October 01 1 No journal entry required 2 November 01 2,068,000 Retained earnings Cash dividends payable, common Cash dividends payable, preferred 1,388,000 700.000 3 November 15 No journal entry required > 4 December 01 Cash dividends payable, common 1,368.000 O 700.000 Cash dividends payable, preferred Cash 2.088.000 5 December 02 760.000 Retained earnings Common stock dividends distributable Paid-in capital - excess of par, common 38,000 722.000 6 December 28 Common stock dividends distributable 38.000 Common stock 38.000 Required 1 Part A Required 2 Part A Required 1 Part B Required 2 Part B Required 1 Part C Required 2 Part C Required 3 Part C Prepare the December 31, 2021, shareholders' equity section of the balance sheet for the Nicklaus Corporation. (Assume net income for the fourth quarter was $2,750,000.) NICKLAUS CORPORATION Balance Sheet - Shareholders' Equity Section December 31, 2021 Shareholders' equity Preferred stock $ 10,000,000 Common stock 4,038,000 Paid-in capital - excess of par 68,722.000 Paid-in capital - share repurchase 25,000 Retained earnings 3,510,000 $ 84,295,000 Less: Treasury stock (2.400,000) Total shareholders' equity $ 81,895,000 > Required 1 Part A Required 2 Part A Required 1 Part B Required 2 Part B Required 1 Part C Required 2 Part C Required 3 Part C Prepare a statement of shareholders' equity for Nicklaus Corporation for 2021. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands.) NICKLAUS CORPORATION Statement of Shareholders' Equity For the Year Ended Dec. 31, 2021 ($ in thousands) Additional Total Preferred Common Paid-in Retained Treasury Shareholders Stock Stock Capital Earnings Stock Equity Jan. 2. 2021 Issuance of preferred 10.000 25,000 stock Issuance of common 4,000 56,000 8 stock Purchase of treasury stock Sale of treasury stock Net income Common cash dividends Preferred cash dividends Stock dividend 38 December 31, 2021 10.000 4,038 81.000 0 0 0 Complete this question by entering your answers in the tabs below. Required 1 Part A Required 2 Part A Required 1 Part B Required 2 Part B Required 1 Part Required 2 Part Required 3 Part 0 Prepare the Nicklaus Corporation shareholders' equity section as it would appear in a balance sheet prepared at September 30, 2021. (Assume net income for the second and third quarter was $3,250,000.) NICKLAUS CORPORATION Balance Sheet - Shareholders' Equity Section September 30, 2021 Shareholders' equity Preferred stock $10,000,000 Common stock 4,000,000 Paid-in capital - excess of par 66,000,000 Paid-in capital - share repurchase 25,000 Retained earnings 5,000,000 $85,025,000 Less: Treasury stock (2,400,000) Total shareholders' equity $82,625,000 NICKLAUS CORPORATION Statement of Shareholders' Equity For the Year Ended Dec. 31, 2021 ($ in thousands) Additional Preferred Common Stock Paid-in Capital Retained Earnings Treasury Stock Total Shareholders' Equity Stock 10,000 30,000 40,000 4,000 56,000 722 25 722 x Jan. 2, 2021 Issuance of preferred stock Issuance of common stock Purchase of treasury stock Sale of treasury stock Net income Common cash dividends Preferred cash dividends Stock dividend December 31, 2021 (1,368) (700) 38 722 86,747 10,000 4,038 (2,068) 1,444 40,000