During the year, the following transactions occurred. Feb. 1 Declared a E1 cash dividend per share to shareholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr.1 Announced a 5 -for-1 share split. Prior to the split, the market price per share was 36. July 1 Declared a 10\% share dividend to shareholders of record on July 15, distributable July 31 . On July 1 , the market pric was e7 per share. 31 Issued the shares for the share dividend. Dec. 1 Declared a 60.40 per share dividend to shareholders of record on December 15, payable January 5,2021. 31 Determined that net income for the year was 354,000. 6. Your answer is partially correct. Enter the beginaing balances, and post the entries to the equity accounts. (Post entries in the order of foumal entries precented in the previous part.) Prepare an equity section at December 31