Save Homework: Week 8- Chapter 12 problems Score: 0.65 of 1 pt 4 of 7 7complete) HW Score: 78.25%, 5.48 of 7 pts Question Help & P13-39A (similar to) The balance shoet of Goldstein Management Consulting, Inc. at December 31, 2015, reported the following stockholders' equity EEB (Ckck the icon to view the stockholders' equity section of the balance sheet) During 2016, Goldstein completed the following selected transactions: (Click the icon to view the transactions.) Requirements 1. Record the transactions in the general joumal 2. Prepare a retained earnings statement for the year ended December 31, 2016. Assume Goldsteints net income for the year was $83,000 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2016. Statement of Retained Earnings Year Ended December 31, 2016 Retained Eamings, January 1, 2016 161,000 83,000 244,000 (4,125) Net income for the yea Cash dividends dectared Stock dividonds declared Retained Eanings,December 31, 2016 S122,875 Requirement 3. Prepare the stockholders' equity section of the balance sheet at December 31, 2016 (Use parentheses or a minus sign for amounts to be subtracted) Goldstein Management Consulting, Inc. Balance Sheet (Partial) December 31, 2016 Stockholders' Equity Paid-In Capital Common Stock $10 Par Value, 350000 shares authorized shares outstanding shares issued Paid-In Capital in Excess of Par- Common Total Paid-In Capital Retained Eamings Treasury Stock-Common2400 shares at cost Total Stockholders Equty Choose from any list or enter any number in the input fields and then click Check Answer Clear All Check A