During the year ended December 31, 20-2, Tatu Company completed the following selected transactions:

Transactions:
Apr.	15	Estimated that its 20-2 income tax will be $160,000. Based on this estimate, it will make four quarterly payments of $40,000 each on April 15, June 15, September 15, and December 15. Made the first payment.
	25	Declared a semiannual dividend of $0.50 per share on common stock to shareholders of record on May 10, payable May 20. Currently, 90,000 shares of $1 par common stock are outstanding.
May	20	Paid the cash dividends.
June	15	Made estimated tax payment of $40,000.
Sept.	15	Made estimated tax payment of $40,000.
Oct.	25	Declared semiannual dividend of $0.50 per share on common stock to shareholders of record on November 10, payable on November 20.
Nov.	20	Paid the cash dividends.
Dec.	15	Made estimated tax payment of $40,000.
	31	Tatus actual 20-2 income tax amounts to $174,000. This amount will be paid by March 15, 20-3. Made adjustment for the additional amount owed.
	31	Net income for 20-2 was $196,000. Closed the income summary account.
	31	Closed the cash dividends account.

Required:

Prepare journal entries for the transactions.