On January $1,2024,$ Sipacora Corporation, a publicly traded company, had the following shareholders' equity accounts:

Common shares $($unlimited number of shares authorized, $68,200$ shares issued$)$

$$2,729,000$

Ratained earnings

$1,760,900$

Accumulated ather comprehansive income

$84,320$

During the year, the following transactions occurred:

Jan. $15$ Declared a $$1\mathrm{.}25$ per share cash dividend to sharsholders of record on January $31,$ payable February $15.$

Apr. $16$ Declared a $106$s stock dividend to shareholders of record on$.$April $30,$ distributable Mary $15.$ On$.$April $16,$ April $30,$ and

May $15,$ the share prices were $$12$$$1180,$ and $$11\mathrm{.}90,$ respectively.

Oet $1$ Effected a $2-$for$-1$ stocksplit On Octaber $1,$ the share price was $$15.$

Dec. $31$ Determined that net income for the year was $$778,720.$

$($a$)$

Record the above transactions, including any required antries to close dividends and net income. $($List all debit entries before credit

entries. Record journal entries in the order presented in the problem. Credit account titles are automatically 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.$)$

Trancaction antries:

Closing antries:

Date

Account Titles and Explanation

Debit

Credit

$($To record net income$/($loss$))$