=+PR 13-3B Selected stock transactions objs. 3, 4, 5

f. Cash dividends,

$73,200 Chapter 13 Corporations: Organization, Stock Transactions, and Dividends 611

d. Sold 3,000 shares of treasury common for $240,000.

e. Sold 1,000 shares of treasury common for $75,000.

f. Declared cash dividends of $1 per share on preferred stock and $0.80 per share on common stock.

g. Paid the cash dividends.