Problem 14-1A (Part Level Submission) On January 1, 2017, Geffrey Corporation had the following stockholders equity accounts. Common Stock ($26 par value, 55,500 shares issued and outstanding) Paid-in Capital in Excess of Par-Common Stock Retained Earnings $1,443,000 202,000 637,000 During the year, the following transactions occurred Feb. 1 Declared a $3 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 10% stock dividend to stockholders of record on July 15, distributable July 31, On July 1, the market price of the stock mas SiS per share. 31 Issued the shares for the stock dividend Dec. 1 Declared a $0.30 per share dividend to stockholders of record on December 15, payable January s, 2018 31 Determined that net income for the year was $361,500 y (a) Journalize the transactions and the closing entries for net income a monually. If no entry is required, select "No Entry" for the account titles and d dividends. (Credit account titles are automatically indented when amount is entered. Do not indent