On January 1, 2017, Ven Corporation had the following stockholders' equity accounts.

Common stock (no par value, 90,000 shares issued and outstanding)

P 1,600,000

Retained Earnings

500,000

During the year, the following transactions occurred.

Feb 1 - Declared a P 1 cash dividend per share to stockholders of record on February 15

payable March 1

Mar 1 - Paid the dividend declared in February.

April 1 - Announce a 3 for 1 stock split. Prior to the split, the market price per share was P 36.

July 1 - Declared a 5% stock dividend to stockholder s of record on July 15, distributable July 31.

On July 1, the market price of the stock was P 16 per share.

July 31 - Issued the shares for the stock dividend.

Dec 1. - Declared as P 0.50 per share dividend to stockholder of record on December 15,

payable January 5, 2018.

Dec. 31 - Determined the net income for the year was P 350,000.

Instructions

Prepare the stockholders' equity section of the balance sheet at (a) March 31, (b) June 30, (c)

September 30, and (d) December 31, 2017.