Divine Apparel has 3,300 shares of common stock outstanding. On October 1 , the company declares a $0.50 per share dividend to stockholders of record on October 15. The dividend is paid on October 31. Record all transactions on the appropriate dates for cash dividends. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Note: Enter debits before credits. Diamond Dresses began the year with a balance of $459,000 in Retained Earnings. During the year, the company had net income of $142,000 and declared no dividends. (a) Calculate the ending balance of Retained Earnings. (b) Now assume the company declared dividends of $27,000. Calculate the ending balance of Retained Earnings. Hey Dude Clothing Company issues 2,100 shares of $1 par value common stock at $40 per share. Later in the year, the company decides to purchase 230 shares at a cost of $43 per share. Record the transaction if Hey Dude resells the 230 shares of treasury stock at $40 per share. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the transaction if Hey Dude resells the 230 shares of treasury stock at $40 per share. Note: Enter debits before credits