Please I need help with this assignment.

I posted it once before but didn't get the whole answers.

Thanks.

4 5 Problem Murray Corporation started operations in 2018. It only has one class of stock - common stock with a $5 par value. It's authorized to issue 50,000 shares of stock. Below are the following transactions in 2018 and 2019 that affected its stockholder's equity accounts. 2018 Jan. 2 Issued 30,000 shares of common stock (par $5) for $190,000. Mar. 20 Issued 10,000 shares of common stock (par $5) in exchange for a building and land. The building is valued at $45,000 and the land at 35,000. Dec. 31 Closed the $24,500 credit balance (from net income) in the Income Summary to Retained Earnings. 2013 Jan. 5 Mar. 1 Apr. 5 Jun. 20 Sep. 15 Dec. 31 2019 Purchased 5,000 shares of its own stock at $10 cash per share. Directors declared a $0.50 per share cash dividend payable on April 5 to the March 20 stockholders of record. Paid the dividend declared on March 1. Sold 1,200 of its treasury shares at $12.50 cash per share. Sold 1,500 of its treasury shares at $7 cash per share Closed the $32,000 credit balance (from net income) in the Income Summary account to Retained Earnings 24 Required 1 Prepare the journal entries to record each of these transactions. Calculate the ending balance in Retained Earnings for both 2018 and 2019. Hint: Create a T-Account for Retained Earnings and Post all the transactions affecting R.E. each year. Prepare the stockholder's equity section of the company's balance sheet as of 12/31/2019. I've prepared the 2018 one for you below for formatting/check figures. Hint: for 2019 you will need to add in the effects of treasury stock. Stockholder's equity section of Balance Sheet as of 12/31/18 Common Stock-$5 par; 50,000 shares authorized, 40,000 issued 200,000 70,000 24,500 Paid in capital in excess of par value, common stock Retained Earnings Less cost of treasury stock Total Stockholders' equity $ 294,500 Ch. 13 Excel Instructions CH. 13 Excel Work 1 PART 1 2 2018 entries: Shares Outstanding 15 2019 entries: PART 2 Retained Earnings 2018 bal. 2019 bal. PART 3: Stockholder's equity section of Balance Sheet as of 12/31/19