Prepare a stockholders' equity section at December 31, 2022. (Enter the occount nome only ond do not provide the descriptlve information provided in the question.) Paid-in Capital in Excess of Stated Value-Common Stock Treasury Stock Date Explanation Ref. Debit Credit Balance Balance 35 35 Journalize the transactions and the closing entry for net income. (List ali debit entries before credit entries. Record journof entrles in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Enter the beginning balances in the accounts, and post the journal entries to the stockholders' equity accounts. (Use J5 for the posting reference) (Post entries in the order of joumal entries presented in the previous part.) The stockholders' equity accounts of Bridgeport Corporation on January 1,2022, were as follows. During 2022, the corporation had the following transactions and events pertaining to its stockholders equity. Feb. 1 Issued 25,500 shares of common stock for $116,000. Apr. 14 Sold 5,800 shares of treasury stock-common for $33,900. Sept. 3 Issued 5,200 shares of common stock for a patent valued at $35,900. Nov, 10 Purchased 1,100 shares of common stock for the treasury at a cost of $6,000. Dec. 31 Determined that net income for the year was $450.000. No dividends were declared during the year