The stockholders' equity accounts of Splish Brothers Inc. on January 1, 2022, were as follows. Preferred Stock (8%, $100 par noncumulative, 5,000 shares authorized) Common Stock ($10 stated value, 800,000 shares authorized) Paid-in Capital in Excess of Par Value-Preferred Stock Paid-in Capital in Excess of Stated Value - Common Stock Retained Earnings Treasury Stock (8,800 common shares) $500,000 1,480,000 59,000 820,000 840,000 70,400 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Mar 1 June 22 Sept. 1 Oct. 1 Issued 6,100 shares of common stock for $90 per share. Purchased 1,100 additional shares of common treasury stock at $11 per share. Declared a 8% cash dividend on preferred stock, payable October 1. Paid the dividend declared on September 1. Declared a $0.80 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022. Determined that net income for the year was $125,000. Paid the dividend declared on December 1. Dec. 1 31 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 O for the amounts.)