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On January 1 , 2 0 2 2 , Novak Corp. had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb.

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On January 1,2022, Novak Corp. had the following stockholders' equity accounts.
During the year, the following transactions occurred.
Feb. 1 Declared a $2 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 $38.
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 $0.50 per share dividend to stockholders of record on December 15, payable January 5,2023.
Paid-in Capital in Excess of Par Value
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