This is a ACCOUNTING question. Please help with the General Journal questions.

GL$1101($Algo$)-$ Based on Problem $11$

Barcelona Corporation reports the following components of stockholders$$ equity on January $1.$

Common stock$$$$10$ par value, $120,000$ shares authorized, $50,000$ shares issued and outstanding $ $500,000.$

Paid$-$in capital in excess of par value, common stock $75,000.$

Retained earnings $410,000.$

Total stockholders' equity $ $985,000.$

During the year, the following transactions affected its stockholders$$ equity accounts.

January $2$ Purchased $5,000$ shares of its own stock at $$23$ cash per share.

January $5$ Directors declared a $$2$ per share cash dividend payable on February $28$ to the February $5$ stockholders of record.

February $28$ Paid the dividend declared on January $5.$

July $6$ Sold $2,500$ of its treasury shares at $$27$ cash per share.

August $22$ Sold $2,500$ of its treasury shares at $$19$ cash per share.

September $5$ Directors declared a $$2$ per share cash dividend payable on October $28$ to the September $25$ stockholders of record.

October $28$ Paid the dividend declared on September $5.$

December $31$ Closed the $$228,000$ credit balance $($from net income$)$ in the Income Summary account to Retained Earnings.