Arcus Development Inc.'s equity section on the December 31, 2016, balance sheet showed the following information: Common shares, unlimited shares authorized 300,000 shares issued and outstanding Retained earnings $3,720,000 522,500 On January 15, 2017, the company's board of directors declared a 5% share dividend to the shareholders of record on January 20 to be distributed on January 30. The market prices of the shares on January 15, 20, and 30 were $16.20, $13.40, and $14,80, respectively. Required: 1. Prepare the required entries for January 15, 20, and 30. Assume share dividends account is used when dividends are declared. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet