The stockholders equity accounts of Riverbed Corp on January 1, 2022, were as follows.

merce Online Store Cableguys | Audio Plugins Essay Writing Service at $7/pag. Homepage - Georgia State Ch 11: Homework Show Attempt History Current Attempt in Progress The stockholders' equity accounts of Riverbed Corp on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 15,000 shares authorized) $900,000 Common Stock ($4 stated value, 900,000 shares authorized) 3,000,000 Paid-in Capital in Excess of Par Value-Preferred Stock 45,000 Paid-in Capital in Excess of Stated Value-Common Stock 1,440,000 Retained Earnings 2,064,000 Treasury Stock (15,000 common shares) 120,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 15,000 shares of common stock for $90,000. Mar. 20 Purchased 3,000 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, 2022. Dec. 31 Determined that net income for the year was $840,000. Paid the dividend declared on December 1. Journalize the transactions, (include entries to close net income and dividends to Retained Earnings.) (Record entries in the order displayed in the problem statement. 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. Round answers to decimal places, s. 5,275.) Date Account Titles and Explanation Debit Credit 90.000 Common Stock Pald-in Capital in Excess of Stated mon Stock Mar. 20 Treasury Stock I cash Oct : Cash Dividends I olvidends Payable Nov.1 Dividends Pay Dec 1 : Cash Dividends Dividends Payable Dec. 31 Income Summary Retalned Earnings