the kroger co is one of the largest retailers in the united states and also manufa 385055

The Kroger Co. is one of the largest retailers in the United States and also manufactures and processes some of the food for sale in its supermarkets. Kroger reported the following January 31 balances in its stockholders equity accounts (dollars in millions): Current Year Prior Year Common stock $ 961 $ 938 Paid in capital 3,286 3,121 Retained earnings 7,449 6,360 During the current year, Kroger reported net income of $1,230. 1)How much did Kroger declare in dividends for the year? (Enter your answers in dollars not in millions. Omit the “$” sign in your response.) 2) Assume that the only other transaction that affected stockholders equity during the current year was a single stock issuance. Prepare the journal entry reflecting the stock issuance. (Enter your answers in dollars not in millions. Omit the “$” sign in your response.)