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Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 5 0 0 , 0 0 0 shares of $ 1 0

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 seventh year, the corporation has the following transactions:
\table[[Mar.1,Declares a cash dividend of $5 per share],[Mar.30,Pays the cash dividend],[Jul.10,\table[[Declares a property dividend of 12 ton of limestone per share when the price],[of limestone is $25 per ton]]]]
Journalize these transactions.
Mar. 1
Mar 30
Jul. 10
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