On January 1, 2022, Tamarisk, Inc had the following stockholders' equity accounts During the year, the followine transactions eccurred dan. 15 Deciared a 51 cash dividend per thare to stockholders of record on lanuary 31, payable february 15. Feat 15. Paid the dividend declared in Jamary Aar. 19 Decareda 5\% stock dividend to stodholders of record on April 30, distributable May 15, On Aprit 15, the market price ist the steck was $15 per share. Mav 15 lisued the shares for the stock dividend July 1 Announced a 2.-for-1 stock split. The markes price per share prior to the announcement was $15. (The new gar value is 36) Dec-1 Declared a 50.60 per share cash dividend to stockholders of record on December 15, payable lanuary 10,2023. Dec.31 Determined that net income for the year was $260,000. fournailize the transactions and the closing entries for net income and dividends, fRecord journal entries in the order preiented in the probiem, Credit account titles are aufomatically indented when the amount is entered. Do nat indent manuaily. If ne entry is pequiret, relect 'No Intry" for the account titfes and enter o for the amounts. Question 8 of 8 /2.75=1 (70 thase cash aublonf) [fo oche stock dvidendin (To ciose nat incsme) MacBook Air (b)