On January 1, 2014, Ven Corporation had the following stockholders equity accounts.

Common Stock (no par value, 90,000 shares issued and outstanding)		$1,380,700
Retained Earnings		533,300

During the year, the following transactions occurred.

Feb. 1		Declared a $1 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 3-for-1 stock split. Prior to the split, the market price per share was $39.
July 1		Declared a 6% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $11 per share.
31		Issued the shares for the stock dividend.
Dec. 1		Declared a $0.40 per share dividend to stockholders of record on December 15, payable January 5, 2015.
31		Determined that net income for the year was $306,400.