On January 1, 2022, Pharoah Company had the following stockhoiders' equity accounts. 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 deciared in February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $37. July 1 Declared a 10% stock dividend to sfockholders 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 $0.30 per share dividend to stockholders of record on December 15 , payable January 5,2023. 31 Determined that net income for the year was $375,000 Balance Sheet (Partial) December 31,2022 Stockholders' Equity Paid-in Capital Capital Stock Common Stock \( \$ \longdiv { 1 1 7 4 0 0 } \) Additional Palld-in Capital Paid-in Capital in Excess of Par-Common Stock Total Paid-in Capital Retained Earnings Total Stockholders' Equity