6-2. On January 1, 2014, Belgium Corporation had the following equity accounts. Share Capital-Ordinary ($4 par value, 250,000 shares issued and outstanding) $1,000,000 Share Premium-Ordinary 200,000 Retained Earnings 840,000 During the year, the following transactions occurred. Jan. 15 Declared a $1 cash dividend per share to shareholders of record on January 31, payable February 15. Feb. 15 Paid the dividend declared in January. Apr. 15 Declared a 10% share dividend to shareholders of record on April 30, distributable May 15. On April 15, the market price was $11 per share. May 15 Issued the shares for the share dividend. July 1 Announced a 2-for-1 share split. The market price per share prior to the announcement was $12. (The new par value is $2) Dec. 1 Declared a $0.50 per share cash dividend to shareholders of record on December 15, payable January 10, 2015. (1 point for each date) Journalize the transactions (10 points) Prepare the equity section in the statement of financial position at December 31 assuming net income for 2014 was $264,000