The stockholders' equity accounts of Wildhorse Corporation on January 1, 2025, were as follows. Preferred Stock (10%, $100 par noncumulative, 5,000 shares authorized) Common Stock ($10 stated value, 800,000 shares authorized) Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (8,900 common shares) Mar. 1 Issued 6,100 shares of common stock for $80 per share. June 22 During 2025, the corporation had the following transactions and events pertaining to its stockholders' equity. Sept. 1 Oct. 1 Paid the dividend declared on September 1 Dec. 1 31 $475,000 1,520,000 62,000 Date 930,000 740,000 71,200 Purchased 1,500 additional shares of common treasury stock at $11 per share. Declared a 10% cash dividend on preferred stock, payable October 1 Declared a $0.70 per share cash dividend to common stockholders of record on December 15, payable December 31, 2025. Determined that net income for the year was $119.000. 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 O for the amounts. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit

The stockholders' equity accounts of Widhorse Corporation on January 1,2025 , were as follows. During 2025 , the corporation had the following transactions and events pertaining to its stockholders' equity. Mar. 1 Issued 6,100 shares of common stock for $80 per share. June 22 Purchased 1500 additional shares of common treasury stock at 511 per share. Sept 1 Dedered a 103 cash dividend on preferred stock payable October 1 Oct. 1 Paid the dividend declared on September 1 Dec 1 Dedired 5070 per share cash ofvidend to common stockholders of record on December 15 , payable December 31 31 Determined that net income for the year was $119,000. Paid the dividend declared on December 1 Journalize the transections for the dites shown Include entries to close net income and dividends to Retained Earnings. (Record joumal entries in the order presented in the probiem Credit occount tilies are autonatically indented when amount is entered Do not indent manually. entries in the order presented in the problem. Crefft occount titles are outomatically indented when amount is entered Do not indent monually. If no entry is raquired, select "No Entry" for the occount titles and enter 0 for the amounts. List all debit entries before credit entriec)