Hello. I need help with the ???? marks below. for Dec 01 Retained earnings I got 289,688 ...but that is not correct.

Thank You !

The balance sheet of Consolidated Paper, Inc., included the following shareholders equity accounts at December 31, 2012:

Paid-in capital:
Preferred stock, 8.8%, 95,000 shares at $1 par	$	95,000
Common stock, 454,500 shares at $1 par		454,500
Paid-in capitalexcess of par, preferred		1,565,000
Paid-in capitalexcess of par, common		2,615,000
Retained earnings		9,445,000
Treasury stock, at cost; 4,500 common shares		(49,500	)
Total shareholders' equity	$	14,125,000

During 2013, several events and transactions affected the retained earnings of Consolidated Paper.

Required:

1.	Prepare the appropriate entries for these events. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.)

a.

On March 3 the board of directors declared a property dividend of 275,000 shares of Leasco International common stock that Consolidated Paper had purchased in January as an investment (book value: $800,000). The investment shares had a fair value of $3 per share and were distributed March 31 to shareholders of record March 15.

b.

On May 3 a 5-for-4 stock split was declared and distributed. The stock split was effected in the form of a 25% stock dividend. The market value of the $1 par common stock was $11 per share.

c.

On July 5 a 3% common stock dividend was declared and distributed. The market value of the common stock was $11 per share.

d.

On December 1 the board of directors declared the 8.8% cash dividend on the 95,000 preferred shares, payable on December 28 to shareholders of record December 20.

e.

On December 1 the board of directors declared a cash dividend of $0.40 per share on its common shares, payable on December 28 to shareholders of record December 20.

Date	General Journal	Debit	Credit
March 03	Investment in Leasco International stock	25,000
	Gain on investment		25,000
March 03	Retained earnings	825,000
	Property dividends payable		825,000
March 15	No journal entry required
March 31	Property dividends payable	825,000
	Investment in Leasco International stock		825,000
May 03	Paid-in capitalExcess of par, common	112,500
	Common stock		112,500
July 05	Retained earnings	185,625
	Common stock		16,875
	Paid-in capitalExcess of par, common		168,750
December 01	Retained earnings	8,360
	Cash dividends payable		8,360
December 20	No journal entry required
December 28	Cash dividends payable	8,360
	Cash		8,360
December 01	Retained earnings	???
	Cash dividends payable		???
December 20	No journal entry required
December 28	Cash dividends payable ???
	Cash ???