On January 1, 2019, Bramble Corp. had the following stockholders' equity accounts.

Common Stock ($12 par value, 82,800 shares issued and outstanding)		$993,600
Paid-in Capital in Excess of Par Value-Common Stock		216,000
Retained Earnings		581,000

Problem 11-7A (Part Level Submission) On January 1, 2019, Bramble Corp. had the following stockholders' equity accounts. Common Stock ($12 par value, 82,800 shares issued and outstanding) $993,600 Paid-in Capital in Excess of Par Value-Common Stock 216,000 Retained Farnings 581,000 During the year, the following transactions occurred. Jan. 15 Declared a $1.00 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. On April 15, the market price of the stock was $16 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 $15. (The new par value is $6.) Dec. 1 Declared a $0.40 per share cash dividend to stockholders of record on December 15, payable January 10, 2020. Dec. 31 Determined that net income for the year was $210,000. Date Account Titles and Explanation Debit Credit (To dose cash dividends) (To dose stock dividends)