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I need help with part C. Prepare a stockholders' equity section at December 31. (Enter account name only and do not provide descriptive information) Oriole

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Prepare a stockholders' equity section at December 31. (Enter account name only and do not provide descriptive information) Oriole Company Balance Sheet (Partial) December 31, 2022 Stockholders' Equity Paid-in Capital Capital Stock Common Stock 1313400 Additional Paid-in Capital Paid-in Capital in Excess of Stated Value-Common Stod 268700 Total Pald-in Capital 1582100 Retained Earnings 629664 S Total Stockholders' Equity 22.11764 On January 1, 2022, Oriole Company had the following stockholders equity accounts Common Stock ($20 par value 59.700 shares issued and outstanding) $1,194,000 Paid-in Capital in Excess of Par-Common Stock 209,000 Retained Earnings 566.000 During the year, the following transactions occurred. Feb. 1 Mar. 1 Apr. 1 July 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Paid the dividend declared in February Announced a 2-for-1 stock split. Prior to the split the market price per share was $36 Declared a 10% stock dividend to stockholders of record on July 15, distributable July 31. on July 1, the market price of the stock was $15 per share Issued the shares for the stock dividend. Declared a $0,40 per share dividend to stockholders of record on December 15, payable January 5, 2023. Determined that net income for the year was $355.000 31 Dec 1 31 (a) Your answer is correct. Journalize the transactions and the closing entries for net income and dividends. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Feb. 1 v Cash Dividends 59700 Dividends Payable 59700 Mar. 1 Dividends Payable 59700 Cash 59700 Apr. 1 v No Entry No Entry July 1 > Stock Dividends 179100 Common Stock Dividends Distributable 119400 Paid-in Capital in Excess of Par-Common Stock 59700 July 31 Common Stock Dividends Distributable 119400 Common Stock 119400 Dec. 1 Cash Dividends 52536 Dividende 52624 Dec 1 Cash Dividends 52536 Dividends Payable 52536 Dec. 31 Income Summary 355000 Retained Earnings 355000 (To close net income) Dec 31 Retained Earnings 179100 Stock Dividends 179100 (To close stock dividends) Dec. 31 Retained Earnings 112236 Cash Dividends 112236 (To close cash dividends) eTextbook and Media List of Accounts Attempts: 1 of 5 used Common Stock Jan. 1 Bal. 1194000 July 31 119400 Dec 31 Bal. 1313400 Retained Earnings Dec 31 179 100 Jan 1 Bal. 566000 Dec 31 112236 Dec. 31 355000 Dec 31 Bal. V 629664 Paid-in Capital in Excess of Par-Common Stock Jan. 1 Bal. 209000 > July 1 59700 Dec 31 Bal. 268700 Common Stock Dividends Distributable July 31 119400 July 1 119400 Common Stock Dividends Distributable July 31 119400 July 1 119400 Dec 31 Bal. Cash Dividends Feb. 1 59700 Dec 31 112236 Dec 1 52536 Dec 31 Bal 0 Stock Dividends July 1 179100 Dec 31 179100 Dec 31 Bal. 0 eTextbook and Media List of Accounts Attempts: 1 of 5 used

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