On January 1, 2022, Ivanhoe Corporation had the following stockholders equity accounts. Common Stock ($ 24 par value, 63,000 shares issued and outstanding) $ 1,512,000 Paid-in Capital in Excess of ParCommon Stock 204,000 Retained Earnings 648,000 During the year, the following transactions occurred. Feb. 1 Declared a $ 1 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 $ 40. July 1 Declared a 15% stock dividend to stockholders 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 stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $ 383,000. (a) New attempt is in progress. Some of the new entries may impact the last attempt grading. Your answer is partially correct. Journalize the transactions and the closing entries for net income and dividends. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit choose a transaction date Feb. 1 enter an account title Cash Dividends enter a debit amount 63,000 enter a credit amount enter an account title Dividends Payable enter a debit amount enter a credit amount 63,000 choose a transaction date Mar. 1 enter an account title Dividends Payable enter a debit amount 63,000 enter a credit amount enter an account title CASH enter a debit amount enter a credit amount 63,000 choose a transaction date Apr.1 enter an account title No Entry enter a debit amount enter a credit amount enter an account title No Entry enter a debit amount enter a credit amount choose a transaction date July 1 enter an account title Stock Dividends enter a debit amount 264,600 enter a credit amount enter an account title Common Stock Dividends Distributable enter a debit amount enter a credit amount 226,800 enter an account title Paid-in Capital in Excess of Par-Common Stock enter a debit amount enter a credit amount 37,800 choose a transaction date July 31 enter an account title Common Stock Dividends Distributable enter a debit amount 226,800 enter a credit amount enter an account title Common Stock enter a debit amount enter a credit amount 226,800 choose a transaction date Dec. 1 enter an account title Cash Dividends enter a debit amount 86,940 enter a credit amount enter an account title Dividends Payable enter a debit amount enter a credit amount 86,940 choose a transaction date Dec. 31 enter an account title to close net income Income Summary enter a debit amount 383,000 enter a credit amount enter an account title to close net income Retained Earnings enter a debit amount enter a credit amount 383,000 (To close net income) choose a transaction date Dec. 31 enter an account title to close stock dividends Retained Earnings enter a debit amount enter a credit amount enter an account title to close stock dividends Stock Dividends enter a debit amount enter a credit amount (To close stock dividends) choose a transaction date Dec. 31 enter an account title to close cash dividends Retained Earnings enter a debit amount enter a credit amount enter an account title to close cash dividends Cash Dividends enter a debit amount enter a credit amount (To close cash dividends) eTextbook and Media List of Accounts Attempts: 3 of 5 used (b) Partially correct answer icon Your answer is partially correct. 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 journal entries presented in the previous part.) Common Stock Date Explanation Ref Debit Credit Balance choose a transaction date Jan. 1 Balance enter a debit amount enter a credit amount enter a balance amount 1,512,000 choose a transaction date July 31 enter a debit amount enter a credit amount enter a balance amount Common Stock Dividends Distributable Date Explanation Ref Debit Credit Balance choose a transaction date July 1 enter a debit amount enter a credit amount enter a balance amount choose a transaction date July 31 enter a debit amount enter a credit amount enter a balance amount Paid-in Capital in Excess of ParCommon Stock Date Explanation Ref Debit Credit Balance choose a transaction date Jan. 1 Balance enter a debit amount enter a credit amount enter a balance amount choose a transaction date July 1 enter a debit amount enter a credit amount enter a balance amount Retained Earnings Date Explanation Ref Debit Credit Balance choose a transaction date Jan. 1 Balance enter a debit amount enter a credit amount enter a balance amount choose a transaction date Dec. 31 Net income enter a debit amount enter a credit amount enter a balance amount choose a transaction date Dec. 31 Stock dividend enter a debit amount enter a credit amount enter a balance amount choose a transaction date Dec. 31 Cash dividend enter a debit amount enter a credit amount enter a balance amount Cash Dividends Date Explanation Ref Debit Credit Balance choose a transaction date Feb. 1 enter a debit amount enter a credit amount enter a balance amount choose a transaction date Dec. 1 enter a debit amount enter a credit amount enter a balance amount choose a transaction date Dec. 31 enter a debit amount enter a credit amount enter a balance amount Stock Dividends Date Explanation Ref Debit Credit Balance choose a transaction date July 1 enter a debit amount enter a credit amount enter a balance amount choose a transaction date Dec. 31 enter a debit amount enter a credit amount enter a balance amount eTextbook and Media List of Accounts Attempts: 1 of 5 used (c) Partially correct answer icon Your answer is partially correct. Prepare a stockholders equity section at December 31. (Enter account name only and do not provide descriptive information.) IVANHOE CORPORATION Balance Sheet (Partial) choose the accounting period December 31, 2022 select an opening section name Stockholders' Equity select an opening subsection name Paid-in Capital select a name of subordinate part one of this subsection Capital Stock enter a balance sheet item Common Stock $ enter a dollar amount select a name of subordinate part two of this subsection Additional Paid-in Capital enter a balance sheet item Paid-in Capital in Excess of Par-Common Stock enter a dollar amount select a closing subsection name Total Paid-in Capital enter a total amount for this subsection enter a balance sheet item Retained Earnings enter a dollar amount select a closing section name Total Stockholders' Equity