P11-1 Finding Missing Amounts LO 11-1, 11-2, 11-3, 11-4, 11-6 At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data: Common stock (par $ 10), no changes in account during the year. Shares authorized, 310,000 Shares issued: (all shares were issued at $20 per share. Total cash collected: $2,180,000. Treasury stock: 2,000 shares (repurchased at $16 per share) The treasury stock was acquired after a stock split was announced. Net income, $214,000. Dividends declared and paid: $119,840 Retained earnings beginning balance: $665,000. 8. Disregard the stock split (assumed above). Assume instead that a 10 percent stock dividend was declared and issued (after treasury stock repurchase) when the market price of the common stock was $21. Prepare any journal entry that should be made. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Credit No Transaction General Journal Retained earnings Common stock Additional paid-in capital *Red text indicates no response was expected in a cell or a formula-based calculation is incorrect: no points deducted Debit 171,200 x 224,700 224,700 X