The stockholders' equity accounts of Oriole Company on January 1, 2022 were as follows. Preferred Stock (10%, $100 par noncumulative. 5,000 shares authorised) $500.000 Common Stock ($10 stated value, 800,000 shares authorized) 1,460,000 Pald-in Capital in Excess of Par Value -- Preferred Stock 70.000 Paid-in Capital in Excess of Stated Value - Common Stock 870,000 Retained Earnings 760.000 Treasury Stock (8,200 common shares) 65,600 1 During 2022, the corporation bad the following transactions and events pertaining to its stockholders equity Mar Issued 6,600 shares of common stock for $80 per share. June 22 Purchased 1,000 additional shares of common treasury stock at $11 per share. Sept. 1 Declared a 10% cash dividend on preferred stock, payable October 1. Paid the dividend declared on September 1. Dec 1 Declared a $0,60 per share cash dividend to common stockholders of record on December 15, payable December 31,2022 31 Determined that net income for the year was $128,000 Paid the dividend declared on December 1, Oct 1 Journalize the transactions for the dates shown. Include entries to close ret income and dividends to Retained Earnings (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) - Journalize the transactions for the dates shown. Include entries to close net income and dividends to Retained Earnings. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Mar. 1 Credit Cash Common Stock Pald-in Capital in Excess of Stated Value-Common Stock June 22 Treasury Stock Cash Sept. 1 Cash Dividends Dividends Payable Oct 1 Dividends Payable Cash Deci Cash Dividends Dividends Payable Dec. 31 Income Summary Retained Earnings 1 Cash Dec. 1 Cash Dividends Dividends Payable Dec. 31 Income Summary Retained Earnings (To paid the dividend declared on December 1) Retained Earnings Dec. 31 V Cash Dividends (To close net income) Dividends Payable Dec 31 Cash (To close dividends)