Problem 14-03A a-d On January 1, 2020, Crane Corporation had the following stockholders' equity accounts. Common Stock (no par value, 87,000 shares issued and outstanding) Retained Earnings $1,385,000 544,000 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 $40. 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 $10 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.90 per share dividend to stockholders of record on December 15, payable January 5, 2021. 31 Determined that net income for the year was $393,000. Your answer is correct. Prepare the stockholders' equity section of the balance sheet at March 31. (Enter a CRANE CORPORATION Partial Balance Sheet March 31, 2020 Stockholders' Equity Paid-in Capital Capital Stock Common Stock 1385000 Retained Earnings 457000 Total Stockholders' Equity 1842000 Prepare the stockholders' equity section of the balance sheet at June 30. (Enter acco CRANE CORPORATION Partial Balance Sheet June 30, 2020 Stockholders' Equity Paid-in Capital Capital Stock Common Stock 1385000 | Retained Earnings 457000 Total Stockholders' Equity 1842000 Prepare the stockholders' equity section of the balance sheet at September 30. (E CRANE CORPORATION Partial Balance Sheet September 30, 2020 Stockholders' Equity Paid-in Capital Capital Stock Common Stock Retained Earnings Total Stockholders' Equity 1842000 Prepare the stockholders' equity section of the balance sheet at December 31, 2020. (En 5,250.) CRANE CORPORATION Partial Balance Sheet December 31, 2020 Stockholders' Equity Paid-in Capital Capital Stock Common Stock Retained Earnings T Total Stockholders' Equity 1988355