On January 1, 2010, Weiser Corporation had the following stockholders' equity accounts. Common Stock ($5 par value, 200,000 shares issued and outstanding) $1,000,000. Paid in capital in excess of par value $200,000. Retained earnings $840,000. During the year, the following transactions occurred. Jan. 15 Declared a $1 cash dividend per share to stockholders' of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 10% stock dividend to stockholders of record on April 30, distributable May 15. April 15, the market price of the stock was $15 per share. May 15 Issued the shares for the stock dividend. July 1 Announced a 2-for-1 stock split. The market price per share prior to the announcement was $17. (The new par value is $2.50). Dec. 1 Declared a $0.50 per share cash dividend to stockholders of record on December 15, payable January 10, 2011. Dec. 31 Determined that net income for the year was $250,000. a.) Journalize the transactions and the closing entry for the net income. b.) Skip c.) Prepare a stockholders' equity section at December 31