On January 1, 2022, Sunland Company 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 10\% stock dividend to stockholders of record on April 30, distributable May 15. On April 15, the market price of the stock was $15 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 $15. (The new par value is \$5.) Dec. 1 Declared a $0.90 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 $210,000. 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 question.) Retained Earnings Date Explanation Ref. Debit Credit Balance Balance Cash dividends Stock dividends Net income Cash Dividends Date Explanation Ref. Debit Credit Balance Stock Dividends Date Explanation Ref. Debit Credit Balance Common Stock Dividends Distributable Date Explanation Ref. Debit Credit Balance Sunland Company Balance Sheet (Partial) December 31, 2022 Stockholders' Equity Paid-in Capital Capital Stock Common Stock $ Paid-in Capital in Excess of Par-Common Stock Total Paid-in Capital Retained Earnings Total Stockholders' Equity