On January 1, 2022, Blassom Company had the following stackholders' equity accounts. During the year, the following transactions occurred. Jan. 15 Declared a \$1 cash dividend per share to stackholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 10\%6 stack dividend to stackhalders 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. IThe new par value is $6.1 Dec. 1 Declared a $0.70 per share cash dividend to stackholders of record on December 15 , payable January 10,2023. Dec. 31 Determined that net income for the year was $250,000 (a) (b). Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note. Open additional stockholders' equity accounts as needed.) (Post entries in the order of joumal entries presented in the previous question.) On January 1, 2022, Blassom Company had the following stackholders' equity accounts. During the year, the following transactions occurred. Jan. 15 Declared a \$1 cash dividend per share to stackholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 10\%6 stack dividend to stackhalders 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. IThe new par value is $6.1 Dec. 1 Declared a $0.70 per share cash dividend to stackholders of record on December 15 , payable January 10,2023. Dec. 31 Determined that net income for the year was $250,000 (a) (b). Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note. Open additional stockholders' equity accounts as needed.) (Post entries in the order of joumal entries presented in the previous question.)