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

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

$$2,728,000$

Retainad earnings

$1,760,800$

Accumulated ather comprehensive income

$84,320$

During the year, the following transactions occurred:

Jan. $15$ Daclared a $$1\mathrm{.}25$ per share cash dividend to sharaholders of rocord on January $31$ payable Fabruary $15.$

Apr. $16$ Declared a $10\%$stockdividend to sharsholders of record an ${}_{\text{p}\text{r}\text{i}\text{l}}^{30},$ distributable May $15.$ On April $16,$ April $30,$ and

Mary $15,$ the share prices were $$12,$$$11\mathrm{.}80,$ and $$1190,$ respectively.

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

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

$($a$)$

$F$ Your answer is partially correct.

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

entries. Record journal entries in the order presented in the problem. Credit occount titles are automatically indented when the amount is

entered. Do not indent manuallye If no entry is required, select $"$No Entry" for the account titles and enter O for the amounts.$)$

Transaction entries: