On December $31,2023,$ Blossom Corporation, a public company, had the following shareholders' equity accounts:

BLOSSOM CORPORATION

Balance Sheet $($partial$)$

December $31,2023$

Shareholders' equity

During the year, the following transactions occurred:

Jan. $15$ Declared a $$1$ per share cash dividend to shareholders of record on January $31,$ payable February $15.$

July $1$ Announced a $3-$for$-2$ stock split. The market price per share on the date of the announcement was $$12$

Dec. $15$ Declared a $10\%$ stock dividend to shareholders of record on December $30,$ distributable on January $15.$ On

December $15,$ the market price of each share was $$8$; on December $30,$$$9$; and on January $15,$$$8.$

$31$ Determined that profit before income tax for the year was $$439,000.$ The company has a $30\%$ income tax rate.

Journalize the transactions for $2024$ and closing entries for $2024.($Credit eccount titles are autematically indented when the

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. Record journal entries in the order presented in the problem. List afl debit entries before credit entrles.$)$