The stockholders' equity accounts of Blue Spruce 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 3,500 shares of common stock for $21,000. Mar. 20 Purchased 700 additional shares of common tresisury 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. Dee 1 Dectared 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 $195,000. Paid the dividend deciared on December 1. Journalize the transactions. (Include entries to close net income and dividends to Retained Earnings) (Recond entries in the order entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, es, 5,275) Question 5 of 9 Dec. 1 Conh Dividends Dividends Payabie Oec.31 (To record net income) bects (To cloie cantidividenato) Decan (To recond payarea of cash dividends payable)