The stockholders' equity section of Benton Corporation's balance sheet as of December 31. 2014 is as follows: The following events occurred during 2015: Jan. 5 30,000 shares of authorized and unissued common stock were sold for $8 per share. Jan. 16 Declared a cash dividend of 20 cents per share, payable February 15 to stock-holders of record on February 5. Feb. 10 40.000 shares of authorized and unissued common stock were sold for $12 per share. March 1 A 30% stock dividend was declared and issued Fair value per share is currently $15. April 1 A two-for-one split was carried out. The par value of the stock was to be reduced to $2.50 per share. Fair value on March 31 was $18 per share. July 1 A 15% stock dividend was declared and issued. Fair value is currently $10 per share. Aug 1 A cash dividend of 20 cents per share was declared, payable September 1 to stockholders of record on August 21. Instructions Enter the above events into the following work sheet showing how each event affects the column. Event No. 1 will serve as an example. Event # 2-Jan. 16 (and events 3 through 7)