On January 1, 2022, Indigo Corporation had these stockholders' equity accounts. During the year, the following transactions occurred. Jan. 15 Declared a $0.60 cash dividend per share to stockholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in Jamary. Apr: 15 Declared a 10% stock dividend to stockholders of record on April 30, distributable May 15. On April15, the market price of the stock was $13 per share. May 15 Issued the shares for the stock dividend. Dec. 1 Declared a $0.70 per share cash dividend to stockholders of record on December 15 , payable January 10, 2023. Dec. 31 Determined that net income for the year was $370.000. Content K. Trans | Kanopy W Chapter 11 - Homew... NWP Assessment Pl... (A) Player nework Assignment Question 7 of 7 2.13/ zero for the amount.) Common Stock Retained Earnings 1/1 Bal. 4490,000 Paid-in Capital in Excess of Par Value Cash Dividends Cash Dividends Common Stock Dividends Distributable Stock Dividends