On January 1, 2022, Larkspur, Inc. had the following stockholders' equity accounts. During the year, the following transactions occurred. Jan. 15 Declared a $1 cash dividend per share to stockholders of record on January 31 , payable February 15. Feb.15 Paid the dividend declared in January. Apr. 15 Declared a 5% stock dividend to stockholders of record on April 30, distributable May 15, On April 15, the market price of the stock was $16 per share. May 15 Issued the shares for the stock dividend. July 1 Announced a 2-for-1 stock split. The market price per share prior to the announcement was $14. (The new par value is $5. Dec. 1 Declared a $0.50 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 $225,000. Larkspur, Inc. Balance Sheet (Partial) December 31,2022 Total Paid-in Capital Paid-in Capital Capital Stock Additional Paid-in Capital Stockholders' Eauitv Total Stockholders' Equity