Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 500,000 shares of $100 par value 6% preferred stock. It is also authorized to issue 850,000 shares of $1 par valut 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 Declares a cash dividend of $3 per share. Mar 30 Pays the cash dividend. Mar 1 Jul 10 Declares a 6% stock dividend when the stock is trading at $15 per share. Issues the stock dividend, Aug. 5 Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank Mar. 1 Mar. 30 II II III II II II III ID > > > Jul 10 Aug 5