Problem 11-6A On January 1, 2017, Splish Brothers Inc. had these stockholders' equity balances Common Stock, $1 par (2,000,000 shares authorized, 610,000 shares issued and outstanding) Paid-in Capital in Excess of Par Value Retained Earnings Accumulated Other Comprehensive Income $610,000 1,430,000 92,000 65,000 During 2017, the following transactions and events occurred 1 Issued 48,500 shares of $1 par value common stock for $4 per share. Issued 62,000 shares of common stock for cash at $5 per share. 3.Purchased 14,300 shares of common stock for the treasury at $3.65 per share. 4. Declared and paid a cash dividend of $194,500. 5. Earned net income of $394,000 6Had other comprehensive income of $18,000. Prepare the stockholders' equity section of the balance sheet at December 31, 2017. SPLISH BROTHERS INC. Partial Balance Sheet Click if you would like to Show Work for this question: Open Show Work