Describe the section of the balance sheet

Question

On January 1, 2013 Company had the following account balances.

Common stock, $1.00 par value, 100,000 shares issued & outstanding         $100,000

Capital paid in excess of par                                                                            $900,000

Retained earnings                                                                                            $600,000

During the year:

1. On March 1, Company issued 20,000 new shares at $12 per share.

2. On June 30, company paid $1.00 cash dividend on all outstanding shares

3. On Nov 1, company purchased 10,000 treasury stock for $90,000

4. The net income for the year = $220,000

REQUIRED:

1. Enter the transactions in the journals.

2. Prepare the Stockholders' Equity section of the balance sheet as of 12/31/2013.