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5 / 7 100% + E. Earned Net income $ (Please refer to table below and use only the info in line with your first in the blankiunderlined space) firstname Initial Net Income AP,I,E, V $ C,O, RY $ K, Q, M, F $ S, W, GZ $ DT, LU $ IN, B, J, XH $ 1,500,000.00 1,800,000.00 2,000,000.00 1,400,000.00 1.450,000.00 1,500,000.00 F. Declared interim dividends for preferred shareholders as well as $.80 per share to common stockholders. Using the info above and as a guide: A. Prepare the journal entries with narrations to record the following The issuances of stock Close out net income to retained earnings Dividend declared Close out dividend to retained earnings . B. Prepare the company's stockholders equity section of the balance sheet at December 31, 2020 (Hint The following information must be clearly stated shown . information on par or par values for all classes of shares which must be shown separately 8 5 / 7 100% + E. Earned Net income $ (Please refer to table below and use only the info in line with your first in the blankiunderlined space) firstname Initial Net Income AP,I,E, V $ C,O, RY $ K, Q, M, F $ S, W, GZ $ DT, LU $ IN, B, J, XH $ 1,500,000.00 1,800,000.00 2,000,000.00 1,400,000.00 1.450,000.00 1,500,000.00 F. Declared interim dividends for preferred shareholders as well as $.80 per share to common stockholders. Using the info above and as a guide: A. Prepare the journal entries with narrations to record the following The issuances of stock Close out net income to retained earnings Dividend declared Close out dividend to retained earnings . B. Prepare the company's stockholders equity section of the balance sheet at December 31, 2020 (Hint The following information must be clearly stated shown . information on par or par values for all classes of shares which must be shown separately 8

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