The stockholders' equity accounts of Swifty Corporation on January 1.2022 were as follows. $450,000 1.480,000 58,000 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 (7.700 common shares) 900,000 770,000 61,600 During 2022, the corporation had the following transactions and events pertaining to its stockholders equity Mar 1 June 22 Sept. 1 Issued 6,000 shares of common stock for $80 per share. Purchased 1,800 additional shares of common treasury stock at $11 per share. Declared a % cash dividend on preferred stock, payable October 1. Paid the dividend declared on September 1 Declared a 50 80 per share cash dividend to common stockholders of record on December 15, payable December 31, 2022 Oct 1 Dec 1 31 Determined that net income for the year was $123,000. Paid the dividend declared on December 1 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.) 0 Date Account Titles and Explanation Debit Credit