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The equity sections for Kendall Group at the beginning of the year (January 1) and end of the year (December 31) follow. The following transactions

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The equity sections for Kendall Group at the beginning of the year (January 1) and end of the year (December 31) follow. The following transactions and events affected its equity during the year. Janaary 5 Deelared a $2.20 per ohare caah dividend, payable on January 10 . March 20 purehased treasury atock for canh. April $ Deelared a $2.20 per share cash dividend, payable on April 10. July 5 Declared a $2.20 per share cash dividend, payable on July 10 . July 31 Deelared a 16k stook dividend when the atock's market value wan $22 per shtre. August 14 Isnued the stoek dividend that was deelared on suly 31. oetober 5 Declared a $2.20 per ahare cash dividend, date of record october 10. The following transactions and events affected its equity during the year. Prepare the fournal entry necessary to record each event, and then agree the year-end balances with the December 31 Stockholders' Equity statement given above

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