Assume that IHOP Corp. completed the following selected transactions during the current year:

Jan. 9 Discovered that income tax expense of the preceding year was overstated by \(\$ 7,000\). Recorded a prior-period adjustment to correct the error.

Feb. 10 Split common stock 2 for 1 by calling in the 100,000 shares of \(\$ 10\) par common and issuing new stock in its place.

April 18 Declared a cash dividend on the 5 -percent, \(\$ 100\) par preferred stock ( 1,000 shares outstanding). Declared a \(\$ 0.20\) per share dividend on the common stock outstanding. The date of record was May 2, and the payment date was May 23.

May 23 Paid the cash dividends.

July 30 Declared a 10 -percent stock dividend on the common stock to holders of record August 21, with distribution set for September 11. The market value of the common stock was \(\$ 15\) per share.

Sep. 11 Issued the stock dividend shares.

Oct. 26 Purchased 2,500 shares of the company"s own common stock at \(\$ 14\) per share.

Nov. 8 Sold 1,000 shares of treasury common stock for \(\$ 17\) per share.

Dec. 13 Sold 500 shares of treasury common stock for \(\$ 13\) per share.

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Record the transactions in the general journal.