Give journal entries, if required, for the following transactions, which are unrelated unless otherwise specified:

a The regular quarterly dividend is declared on the 5 -percent, \(\$ 100\)-par-value preferred stock. There are 10,000 shares authorized, 8,000 shares issued, and 1,600 shares reacquired and held in the treasury.

b The dividend on the preferred stock (see part

a) is paid.

c A stock dividend of \(\$ 250,000\) of no-par common stock is issued to common stockholders.

d A building replacement fund of \(\$ 125,000\) is created. The fund is to be used to purchase a new building when the present one becomes inadequate.

e Bonds with \(\$ 500,000\) par value are retired at par out of the sinking fund created for that purpose.
f The shares of no-par stock of the corporation are selling on the market at \(\$ 300\) a share. In order to bring the market value down to a more popular price and thereby broaden the distribution of its stockholdings, the board of directors votes to issue four extra shares to stockholders for each share already held by them. The shares are issued.