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On January 1, 2022, Carla Vista Corporation had the following stockholders' equity accounts. During the year, the folsowing transactions occurred. Feb. 1 Declareda $3 cash

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On January 1, 2022, Carla Vista Corporation had the following stockholders' equity accounts. During the year, the folsowing transactions occurred. Feb. 1 Declareda $3 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-for-1 stock split. Prion to the split, the market price per share was $35. July 1 Declared a 105 stock dividend to stockholders of rocord on July 15, distributable July 31 . On July 1, the market price of the stock was $15 per share. 31 Isued the thares for thestock dividend Dec. 1 Declareda 30.50 per share dividend to stockholders od record on December 15, payable January 5,2023. 31 Determined that net income for the year was $308.000 Journalite the transactions and the closing entries for net income and dividends. (Credit account tilles are automatically indented when amount is entered, Do not indent manually, If no entry is required, select "No Entry" for the account kifles and enter O for the amountr. Reccond journal entries in the order presented in the problem.)

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