Aggregote Mining Corporation was incorporated five years ago. It is outhorized to issue 600,000 shares of $100 par value 9% cumulative preferred stock, it is also authorized to issue 700,000 shares of $6 par value common stock. It has issued 70,000 of the common shares and 1,000 of the cumulative preferred shares. The corporation has never declared a dividend and the preferred shares are one year in arrears. Aggregate Mining has the following transactions this year: Mr. 1 Declares a cash dividend of $20,000. Mar, 30 Pays the cash dividend. Jul- 10 Declares a 3-for-1 stock split of its commen shares. A. Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank, if no entry is required, select "No Entry Required and leave the amount boxes blank. B. For the stock split, show the calculation for how many shares are outstanding after the split and the par value per share after the split. Outstanding shares after split Par value $ per share