On January 1,2024, Benton Corporation, a publicly traded company, had the following shareholders' equity accounts: During the year, the following transactions occurred: Jan. 15 Declared a \$1.25 per share cash dividend to shareholders of record on January 31, payable February 15. Apr. 16 Declared a 10\% stock dividend to shareholders of record on April 30, distributable May 15. On April 16. April 30, and May 15, the share prices were $12,$11.80, and $11.90, respectively. Oct. 1 Effected a 2-for-1 stock split. On October 1, the share price was $15. Dec. 31 Determined that net income for the vear was $540,090