Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 500,000 shares of $100 par value 8% preferred stock. It is also authorized to issue 750,000 shares of $1 par value common stock. It has issued only 50,000 of the common shares and none of the preferred shares. In its sixth year, the corporation has the following transactions: Mar. 1 Declares a cash dividend of $2 per share Mar. 30 Pays the cash dividend Jul 10 Declares a 5% stock dividend when the stock is trading at $15 per share Aug. 5 Issues the stock dividend Journalize these transactions. General Journal Description Date PR PR Debit Credit