CHP 14 HOMEWORKJE stock trans, declare dividends Question 2 of 4 Paid-in Capital in Excess of Par-Common Stock Retained Earnings \begin{tabular}{|c|c|c|c|c|c|} \hline Date & Explanation & Ref & Debit & Credit & Balance \\ \hline 0 & Balance & v & & & \\ \hline \end{tabular} Net income Stock dividend Cash dividend Cash Dividends SUPPORT Question 2 of 4 0.33/1 Cash Dividends eTextbook and Media List of Accounts On January 1,2020, Blossom Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Mar. Paid the dividend declared in February. 1 . July Declared a 10% stock dividend to stockholders of record on July 15 , distributable July 31 . On July 1, the market price of 1 the stock was $15 per share. 31 Issued the shares for the stock dividend. Dec. Declared a \$0.30 per share dividend to stockholders of record on December 15, payable January 5, 2021. 31 Determined that net income for the year was $361,500. Common Stock DateExplanationBalance Commen Stock Dividends Distributable Date Explanation Ref Debit Credit Balance