On January 1, 2025, Bridgeport Corp. had these stockholders' equity accounts. Common Stock ($10 par value, 66,500 shares issued and outstanding) Paid-in Capital in Excess of Par Retained Earnings $665,000 481,500 615,000 During the year, the following transactions occurred. Jan. 15 Feb. 15 Declared a $0.40 cash dividend per share to stockholders of record on January 31. payable February 15. Paid the dividend declared in January. Apr. 15 May 15 Dec. 1 Dec 31. 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. Issued the shares for the stock dividend. Declared a $0.50 per share cash dividend to stockholders of record on December 15, payable January 10, 2026 Determined that net income for the year was $353,000. Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Date Account Titles and Explanation Jan 15 Feb. 15 Apr. 15- May 15 Debit Credit May 15 Dec. 1 (To close net income) Dec. 31 v (To close stock dividends) (To close cash dividends)