Common stock, $1 par, 251,000 shares issued $ 251,000

Paid-in capitalexcess of par, common 502,000

Paid-in capitalexcess of par, preferred 105,000 P

referred stock, $100 par, 10,500 shares outstanding 1,050,000

Retained earnings 2,100,000

Treasury stock, at cost, 5,100 shares 25,500

Record the above transactions and events in journal entry format.

Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

January 15:	Declared a property dividend of 100,000 shares of Slowdown Company (book value $10.1 per share, fair value $9.05 per share).
February 17:	Distributed the property dividend.
April 10:	A 2-for-1 stock split was declared and distributed on outstanding common stock and effected in the form of a stock dividend. (Fascom chose to reduce Paid-in capitalexcess of par.) The fair value of the stock was $4 on this date.
July 18:	Declared and distributed a 4% stock dividend on outstanding common stock; The fair value is, $5 per share.
December 1:	Declared a 50 cents per share cash dividend on the outstanding common shares.
December 20:	Paid the cash dividend.