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On Jaruary 1, 2022, Riverbed Corp. had these stockholders' equity accounts. During the year, the following transactions occurred. Jan. 15. Deciared a $0.60 cash dividend

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On Jaruary 1, 2022, Riverbed Corp. had these stockholders' equity accounts. During the year, the following transactions occurred. Jan. 15. Deciared a $0.60 cash dividend per share to stockholders of record on danuary 31 , payable February 15. Feb. 15: Paid the dividend declared in January Apr. 15 Declared a 10\% stock dividend to stockholders ot record on Apri : R, distributable May 15, On April 15, the market price of the stock was $12 per share. May 15 Issued the shares for the stock dividend. Dec. 1 Declared a $0,70 per store cash dividend to stockholders of record on December 15, payable January 10,2023. Dec. 31 Determined that net income for the year was $363,000. Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings) (Record entries in the order displayed in the probiem statement. Credit account titjes are automatically indented when amount is entered, Do nat indent manually If no entry is required, seiect "No Entry" for the account titles and enter O for the amounts.) (To close stock alvidends) (To close cash dividends)

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