tbe the balance date and Joumalle the transactians-(include entries to close net incomo and dividends to Retained Earninga) (Record entries in the onder The stockholders equity accounts of Whispering Winds Corp. on January 1, 2022, were as follows. During 2022 , the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 6,000 shares of common stock for \\( \\$ 36,000 \\). Mar. 20 Purchased 1,200 additional shares of common treasury stock at \\( \\$ 7 \\) per share. Oct. 1 Declared a \7 cash dividend on preferred stock, payable November 1. Nov. 1 Paid the dividend declared on October 1 Dec. 1 Declared a \\$0 50 per share cash dividend to common stockholders of record on December 15, payable December 31,2 Dec. 31 Determined that net income for the year was \\( \\$ 336,000 \\). Paid the dividend declared on December 1