P14-4A On January 1, 2017, Ven Corporation had the following stockholders equity accounts. Common Stock (no par value, 90,000 shares issued and outstanding) $1,600,000 Retained Earnings 500,000 During the year, the following transactions occurred. Feb. 1 Declared a $1 cash dividend per share to stockholders of record on February 15, payable March 1. Mar. 1 Paid the dividend declared in February. Apr. 1 Announced a 3-for-1 stock split. Prior to the split, the market price per share was $36. July 1 Declared a 5% stock dividend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $16 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2018. 31 Determined that net income for the year was $350,000. Instructions Prepare the stockholders equity section of the balance sheet at (a) March 31, (b) June 30, (c) September 30, and (d) December 31, 2017.