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The stockholders' equity accounts of Whispering Winds Corp.on January 1, 2022 were as follows. Preferred Stock (8%, $100 par noncumulative, 5,000 shares authorized $415,000 Common

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The stockholders' equity accounts of Whispering Winds Corp.on January 1, 2022 were as follows. Preferred Stock (8%, $100 par noncumulative, 5,000 shares authorized $415,000 Common Stock ($10 stated value, 800,000 shares authorized) 1.560.000 Paid-in Capital in Excess of Par Value-Preferred Stock 80,000 Paid-in Capital in Excess of Stated Value - Common Stock 840,000 Retained Earnings 750,000 Treasury Stock (7.900 common shares) 63,200 Mar 1 During 2022 the corporation had the following transactions and events pertaining to its stockholders' equity Issued 7.000 shares of common stock for 580 per share June 22 Purchased 1.800 udelitional shares of common treasury stockat 511 per share Sent 1 Declared a % cash dividend on peaterred stock, payable October 1 Oct. Paid the dividend declared on September 1 Dec 1 Declared a $0,70 pershare cash dividend to common stockholders of record on December 15, payable December 31, 2022 31 Determined that income for the year was $111.000 Pald the dividend declared on December 1 Journalize the transactions for the dates shown include entries to close 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 wally frientrycroured, select "No Entry for the accountitles and enter for the mounts Date Account Titles and Explanation Debit Credit V

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