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Arcus Development Inc.'s equity section on the December 31, 2019, belance sheet showed the following...

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Arcus Development Inc.'s equity section on the December 31, 2019, belance sheet showed the following information Corinan shares, unlimited shares authorized, 220,000 shares issued and outstanding Retained eamings $3,432.000 562,500 On January 15, 2020, the company's boerd of directors declerede 5% shere 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 $18.60, $16.50 and 517.60, respectively. Required: 1. Prepere the required entries for January 15, 20, end 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

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