On January 1, 2022, Oriole Corporation had the following stockholders equity accounts.

Common Stock ($26 par value, 52,500 shares issued and outstanding)		$1,365,000
Paid-in Capital in Excess of ParCommon Stock		191,000
Retained Earnings		579,000

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 $39.
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 $0.40 per share dividend to stockholders of record on December 15, payable January 5, 2023.
31		Determined that net income for the year was $357,500.

Cash Dividends 105000 Didenda Payable 105000 Didenda Puyable 105000 Cash 105000 NO Entry No Entry Stock Dividenda 157500 Common Stock Dividenda Dlatributable 136500 Pald-in Capital in Excess of Per-Common Stock 21000 Common Stock Dividenda Dlatributable 135500 Common Stock 136500 Cash Dividends 46200 10 DO 10000 10 40 god000000.00 Didenda Payable 46200 Income Summary 357900 Retained Earnings 357500 To dosenet income) Retained Earnings 157500 Stock Dividenda 157500 To dose stock dividends) Retained Earnings 151200 Cash Dividends 151200 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 Rel Debit Credit Balance Balance Common Stock Dividends Distributable Date Explanation Red Debit Credit Balance Paid in Capital in Excess of Par Common Stock Date Explanation Rel Debit Credit Balance Balance Retained Earnings Date Explanation Ref Debit Credet Balance Balance Net income Stock dividend Cash dividend Cash Dividends Date Explanation Ref Debit redit Balance Stock Dividendes Date Explanation Ref Debit Credit Balance