Aggregate Mining Corporation was incorporated five-years ago. It is authorized to issue 600,000 shares of sio0 par value 5 we cumulative preferred tfock. It ia aiso authorized to issue 850,000 shares of 36 par value common stocki it has issued 50,000 of the commen shares and i,000 of the cumulative praferted sharef, The corporation has never declared a dividend and the preferred shares are one year in arrears. Aggrogate Mining has the following transactions this year: Mar. 1 Dectares a cash dividend of 520,000. Mar. 30 Pays the cash dividend. Jul. 10 Declares a 3-for-1 stock split of its common shares. A. Prepare the journal entries to record the transactions, If an amount bok does not require an ontry, leave it blank, If no antry is raquirdid, sainct 'hio Entry kidquired: and leave the amount boxes blank. B. For the stock split, show the calculation for how many shares are outitanding after the split and the par value per share alter the apit. Outstanding shares after spit Per value 1 pershare