Please help me solve for a, b, and c exactly as shown. The first time I asked it was incomplete and confusing to my learning brain. Thank you so much for your assistance.

Joumalize the transactions and the closing entries for net income and dividends. (Credit account titles are automatically indented when amount entries in the order presented in the problem.) Prepare a stockholders' equity section at December 31. (Enter account name only and do not provide de Enter the beginning balances, and post the entries to the stockholders' equity accounts. (Note: Open additional stockholders' equity acc On January 1, 2022, Cullumber Corporation had the following stockholders' equity accounts. During the year, the following transactions occurred. Feb. 1 Declared a $2 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 $35. July 1 Declared a 15% stock dividend to stockholders of record on July 15, distributable July 31 . On July 1, the market price of the stock was $15 per share. 31 Issued the shares for the stock dividend. Dec. 1 Declared a $0.50 per share dividend to stockholders of record on December 15, payable January 5, 2023. 31 Determined that net income for the year was $386,000. (To close net income) (To close stock dividends) (To close cash dividends) Retained Earnings Date Explanation Ref Balance Net income Stock dividend Cash dividend Credit Debit Balance Cash Dividends Date Explanation Ref Debit Credit Balance Stock Dividends Date Explanation Ref Debit Credit Balance Balance