On January $1,2022$ Solish Erothers Inc had the following stoctholders' cquily ac counte.

Common Siock $($$$10$ par value, $80\mathrm{.}300$ shares iscued and outstandine$)$

$$803000$

Patd th Copitall fercer of Par$-$ Common Stock:

$215000$

Retained Earnings

$536,000$

Durint the fes, the following transactions occurred.

Ian $15$ Dedared a $$1$ cach dividend per share to stochholders of recond on January $31,$ payable February $15.$

Feb is Plathedithend declaret in Jaman:

Ap: $15$ Dectred a $10$x stock dividend to stockholders of record on April $30,$ distributable May $15.$ On April $15,$ the market price of the stock was $$16$ per share.

Mar $15$ Issucd the shares for the stock dividend.

ant $1$

Dect $1$ Dedard a $$0\mathrm{.}80$ per share cash dividend to stockholders of record on December $15,$ payable January $10,2023.$

Dec. $31$ Determined that net income for the vear was $$290,000.$

$($a$)$ no entry is required, select $"$No Entry" for the acceunt tities and enter $0$ for the amounts.$)$