On January 1, 2021, Munchies Corporation, a publicly traded company, had the following shareholders' equity accounts: During the year, the following transactions occurred: Jan. 15 Declared a $1.25 per share cash dividend to shareholders of record on January 31 , payable February 15. Apr. 16 Declared a 10\% stock dividend to shareholders of record on April 30, distributable May 15. On April 16, April 30, and May 15 , the share prices were $12,$11.80, and $11.90, respectively. Oct. 1 Effected a 2-for-1 stock split. On October 1, the share price was $15. Dec. 31 Determined that net income for the year wac $552640. Record the above transactions, including any required entries to close dividends and net income. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually and If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Transaction entries: 1av 15 Common Shares 58080 Stock Dividends Distributable 58080 \begin{tabular}{l} \hline \hline ct. 1 \\ \hline \hline \end{tabular} Stock Dividends Distributable 58080 Common Shares \begin{tabular}{|r|} \hline 58080 \\ \hline \end{tabular} )ct. 1 No Entry 0 No Entry 0 Jec. 31 No Entry No Entry Closing entries