On January 1, 2014, Geffrey Corporation had the following stockholders equity accounts Common Stock ($26 par value, 66,000 shares issued and outstanding) $1,716,000 Paid-in Capital in Excess of Par-Common Stock $201,000 Retained Earnings $581,900 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 $37. July 1 Declared a 12% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $14per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.60 per share dividend to stockholders of record on December 15, payable January 5, 2015. 31 Determined that net income for the year was $355,000

Enter the beginning balances, and post the entries to the stockholders