Problem 14-01A a-c (Part Level Submission) (Video) On January 1, 2020, Crane Corporation had the following stockholders equity accounts Common Stock ($26 par value, 50,000 shares issued and outstanding) $1,300,000 Pald-in Capital in Excess of Par-Common Stock Retalned Earnings 194,000 619,000 During the year, the following transactions occurred Feb. 1 Mar. 1 Declared a $2 cash dividend per share to stockholders of record on February 15, payable March 1. Paid the dividend declared in February. Apr. 1 Announced a 2-for-1 stock split. Prior to the split, the market price per share was $36. | July 1 dend to stockholders of record on July 15, distributable July 31. On July 1, the market price of the stock was $15 per share. 31 Dec. 1 31 Declared a 10% stock divi Issued the shares for the stock dividend. Declared a $0.40 per share dividend to stockholders of record on December 15, payable January 5, 2021 Determined that net Income for the year was $393,500. entries for net income and dividends. (Credit account titles are automatically indented when amount is entered indent manually. If no entry is required, select "No Entry" for in the problem.) indent manualily rno entry is required select No tntry for the account utles and enter for the amounts Record journal entries in the