Need help with Part B. Enter the beginning balances, and post the entries to the stockholders' equity accounts.

On January 1, 2022, Metlock, Inc. had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $39. July 1 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. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.60 per share dividend to stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $325,000. 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 0 for the amounts.) luly 31 Common Stock Dividends Distributable 133800 Common Stock 133800 Jec. 1 Cash Dividends 88308 Dividends Payable 88308 Jec. 31 Income Summary Retained Earnings 325000 (To close net income) Jec. 31 Retained Earnings 200700 Stock Dividends (To close stock dividends) Jec. 31 Retained Earnings 155208 Cash Dividends (To close cash dividends) Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Use T-accounts.) (Note: Open additional stockholders' equity accounts as needed.) (Post entries in the order of journal entries presented in the previous part. Select the date for closing balances even in case of zero balance.) Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Cash Dividends