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On January 1, 2022, Crane Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $2 cash

image text in transcribedimage text in transcribed On January 1, 2022, Crane Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $2 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 2 -for-1 stock split. Prior to the split, the market price per share was $38. July 1 Declared a 10% stock dividend to stockholders of record on July 15 , distributable July 31 . On July 1 , the market price of the stock was $15 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a \$0.30 per share dividend to stockholders of record on December 15, payable January 5,2023. 31 Determined that net income for the year was $398,500. Enter the beginning belances, and post the entries to the stocitholdars' acuity accounts. (Note: Open additional stockholders' On January 1, 2022, Crane Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $2 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 2 -for-1 stock split. Prior to the split, the market price per share was $38. July 1 Declared a 10% stock dividend to stockholders of record on July 15 , distributable July 31 . On July 1 , the market price of the stock was $15 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a \$0.30 per share dividend to stockholders of record on December 15, payable January 5,2023. 31 Determined that net income for the year was $398,500. Enter the beginning belances, and post the entries to the stocitholdars' acuity accounts. (Note: Open additional stockholders

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