On January 1, 2022, Whispering Winds Corp. had these stockholders' equity accounts. Common Stock ($10 par value, 73,000 shares issued and outstanding) $730,000 Paid-in Capital in Excess of Par Value 488,000 Retained Earnings 680,000 During the year, the following transactions occurred. Jan. 15 Declared a $0.50 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 $16 per share. May 15 Issued the shares for the stock dividend. Dec. 1 Declared a $0.70 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 $366,000. Enter the beginning balances and post the entries to the stockholders' equity T-accounts. (Post entries in the order of journal entries posted in the previous part. For accounts that have zero ending balance, the entry should be the balance date and zero for the amount.) Common Stock Retained Earnings Paid-in Capital in Excess of Par Value Cash Dividends > Common Stock Dividends Distributable Stock Dividends Prepare the stockholders' equity section of the balance sheet at December 31. WHISPERING WINDS CORP. Partial Balance Sheet