26. CeeBee Corporation has the following fiscal year-end shareholder account balances on July 31, 2021: Common shares $ 799,860 Unlimited no, authorized and 82,000 issued Retained earnings 150,000 Accumulated other comprehensive income 450,000 On November 30, 2021, the board of directors declared a 15% stock dividend, distributable on December 31 to shareholders of record on December 15. The fair value of CeeBee Corporation's shares on November 30. December 15 and 31 was $14.00, $14.50, and $13.50 respectively. An unlimited number of shares have been authorized. On July 1, 2022, the board of directors declared a 2 for 1 stock split effective July 15. CeeBee Corporation's shares were selling for $20 on July 15, 2020, before the stock split was effective. Net income for 2022 was $230,000 and there were no cash dividends declared. Instructions (a) Prepare the journal entries on the appropriate dates to record the stock dividend and the stock split. (6 marks) (6) Prepare the closing entries required on July 31, 2022. (4 marks) Please answer the following as it relates to the Shareholder's Equity accounts @ July 31, 2022. (5 marks) a. What is the value of the common shares? b. How many shares are outstanding? c. What is the legal capital per share? d. What is the retained earnings balance? e. What is the total ending balance in the shareholder equity accounts