On January $1,2022,$ Bramble Corp. had the following stockholders' equity accounts.

Common Stock $(\backslash$$$20$ par value, $65,400$ shares issued and outstanding$)\backslash$$$1,308,000$

Paid$-$in Capital in Excess of Par$-$Common Stock

$192,000$

Retained Earnings

$615,000$

During the year, the following transactions occurred.

Feb. $1$ Declared a $\backslash (\backslash$$ $2\backslash )$ cash dividend per share to stockholders of record on February $15,$ payable March $1.$

Mar. $1$ Paid the dividend declared in February.

Apr. $1$ Announced a $2-$for$-1$ stock split. Prior to the split, the market price per share was $\backslash (\backslash$$ $40\backslash ).$

July $1$ Declared a $10\backslash \%$ stock dividend to stockholders of record on July $15,$ distributable July $31.$ On July $1,$ the market price of the stock was $\backslash (\backslash$$ $15\backslash )$ per share.

$31$ Issued the shares for the stock dividend.

Dec. $1$ Declared a $\backslash$$$0\mathrm{.}40$ per share dividend to stockholders of record on December $15,$ payable January $5,2023.$

$31$ Determined that net income for the year was $\backslash (\backslash$$ $365,000\backslash ).$