he equity sections for Kendall Group at the beginning of the year (January 1) and end of the year (December 3) follow. The following transactions and events affected its equity during the year. Danuary 5 Declared a \$2.20 per share cash dividend, payable on January 10. March 20 Purchased treasury stock for cash. Apri1 5 Declared a $2,20 per share cash dividend, payable on Apri1 10. July 5 Declared a \$2.20 per share cash dividend, payable on July 10 . July 31 Declared a 16\% stock dividend when the stock's narket value nas $22 per share. August 14 Issued the stock dividend that was declared on July 31. October 5 Declared a $2.20 per share cash dividend, date of record october 10. The following transactions and events alfected its equity during the year. Prepare the journat entry necessary to record cach event, and then agree the year-end balances with the Deciember 31 Stockholders' Equity statement given above