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PB6. LO 14.3 Tent & Tarp Corporation is a manufacturer of outdoor camping equipment. The company was incorporated ten years ago. It is authorized to issue 50,000 shares of $10 par value 5% preferred stock. It is also authorized to issue 500,000 shares of $1 par value common stock. It has issued 5,000 common shares and none of the preferred shares. Tent & Tarp has the following transactions: Mar. 1 Mar. 30 Jul. 10 Aug. 5 Declares a cash dividend of $3 per share Pays the cash dividend Declares a 35% stock dividend when the stock is trading at $15 per share Issues the stock dividend Journalize these transactions