Ghatani Corporation reports the following stockholders' equity section on December 31, 2020 - Common stock; $5 par value; 400,000 shares authorized; 120,000 shares issued and outstanding ..no00mummum $ 600,000 Paid-in capital in excess of par value, common stock .........0.now.102,900 400,000 Total $1,165,000 Ghatani Corporation completed the following transactions related to stockholders' equity in 2021. 1- Feb. 15, Directors declared a $1:00 per share cash dividend payable on March 31 to the Feb. 25 stockholders of record, 2- Mar. 01, Purchased 5,000 shares of its own common for $10 per share 3- Mar. 31, Paid the cash dividend declared on Feb. 15. 4- July 10, Sold 2,000 of its treasury shares at $10 cash per share. 5- Oct. 25, Directors declared a 30% stock dividend when the share market price is $5 6- Dec. 01, Distributed stock dividends declared on Oct. 25. 7- Dec. 15, The company implemented 3-for-2 stock split for its common stock. 8- Dec. 31, Closed the $100,000 credit balance in the Income Summary account (from net income) Required: Prepare journal entries to record each of these transactions for 2021. CLEARLY INDICATE THE DEBITS & CREDITS Example: XYZ Company pays $10,000 cash to purchase land Dr. Land 10,000 Cr. Cash 10.000