The stockholders' equity accounts of Whispering Winds Corp. on January 1, 2022, were as follows. Preferred Stock (7%, $100 par noncumulative, 6,000 shares authorized) $360,000 Common Stock ($4 stated value, 360,000 shares authorized) 1.200,000 Paid-in Capital in Excess of Par Value-Preferred Stock 18,000 Paid-in Capital in Excess of Stated Value-Common Stock 576,000 Retained Earnings 825,600 Treasury Stock (6,000 common shares) 48,000 During 2022, the corporation had the following transactions and events pertaining to its stockholders' equity. Feb. 1 Issued 6,000 shares of common stock for $36,000. Purchased 1.200 additional shares of common treasury stock at $7 per share. Oct. Declared a 7% cash dividend on preferred stock, payable November 1 1 Paid the dividend declared on October 1. Dec Declared a $0.50 per share cash dividend to common stockholders of record on December 15. payable December 31 Determined that net income for the year was $336,000. Paid the dividend declared on December 1. Mar. 20 1 Nov. 1 Dec 31 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 indene manually if no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit Vie 5 Acc Que Acco Que Acco Ques Accou Ques Accoun Ques! Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts. (Post entries in the order of journal entries posted in the previous part. For accounts that have zero anding balance, the entry should be the balance date and zero for the amount.) Preferred Stock Common Stock Ad Paid-in Capital in Excess of Par Value Preferred Stock Qu Paid-in Capital in Excess of Stated Value Common Stock Que