Some of the transactions of Miss Ellie’s Sweet Tea Distributor, Inc., during this fiscal year are as follows:
Mar. 15 Paid balance due on previous year’s federal income tax, $ 8,450.
Apr. 15 Paid $ 28,640 for the first quarterly installment of estimated federal income tax for this year.
June 15 Paid $ 28,640 for the second quarterly installment of estimated federal income tax for this year.
July 12 Declared a cash dividend of $ 40,836 ($ 4.98 per share on 8,200 shares of common stock, $ 50 par) to stockholders of record as of July 22, payable on August 7.
Aug. 7 Paid the cash dividend.
Sept. 15 Paid $ 28,640 for the third quarterly installment of estimated federal income tax for this year.
18 Declared a 10 percent stock dividend on common stock outstanding to stockholders of record as of September 28, distributable on October 6. Current market value of stock: $ 64 per share (8,200 shares outstanding before stock dividend).
Oct. 6 Issued stock comprising the stock dividend.
Nov. 14 Declared a cash dividend of $ 40,590 ($ 4.50 per share on 9,020 shares of common stock) to stockholders of record as of November 30, payable on December 8.
Dec. 8 Paid the cash dividend.
15 Paid $ 28,640 for the fourth quarterly installment of estimated federal income tax for this year.
31 The board of directors authorized the appropriation of Retained Earnings for contingencies, $ 24,688.
31 Recorded $ 7,042 additional federal income tax allocable to taxable income for the year in an adjusting entry.

Required
Record these transactions in general journal form.