On January 1, 2022, Cullumber Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $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 2 -for-1 stock split. Priortothe thplit, the market price per share was $39. July 1 Declared a 15% stock dividend fto stookholders of record on July 15 , distributable July 31 . On July 1 , the market price of the stock was $14 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.60 per share dividend to st ofkholders of record on December 15, payable January 5, 2023. 31 Deternninied that net income for the vear was $332.500. D. image007.prg (B) purate universily i. kat () Purdue University ..pof [\$] Purdue University ...pof amounts. Record journal entries in the order presented in the problem.) Paid-in Capital in Excess of Par-Common Stock Common Stock Dividends Distributable Common Stock Cash Dividends Dividends Payable Income Summary Retained Earnings (To close net income) Retained Earnings Stock Dividends (To close stock dividends) Retained Earnings Cash Dividends (To close cash dividends) eTextbook and Media D. image007.png (4) Purdue University....pof [E] Purdue university ...p if 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 orde Paid-in Capital in Excess of Par-Common Stock Date Explanatiof Ref R r probit Balance Balance Retained Earnings Balance - Balance v Net income v Stock dividend v Cash dividend Cash Dividends Date Explanation Ref r n Debit Credit Balance Stock Dividends D. image007.png [18.) Purdue University...pof [8. Purdue University...pof [A Purdue university...pdi Prepare a stockholders' equity section at December. 31. (Enter account name only and do not provide descriptive information.) CULLUMBER CORPORATION Balance Sheet (Partial) December 31, 2022 Stockholders' Equity Paid-in Capital Capital Stock Paid-in Capital in Excess of Par-Common Stock $ Total Stockholders' Equity \$5 eTextbook and Media List of Accounts Save for Later Last saved 4 minutesslag. P. image007.png