eBook Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 500,000 shares of $100 par value 5% cumulative preferred stock. It is also authorized to issue 700,000 shares of $6 par value common stock. It has issued 50,000 of the common shares and 1,000 of the cumulative preferred shares. The corporation has never dedared a dividend and the preferred shares are one year in arrears. Agoregate Mining has the following transactions this year: Mar. 1 Declares a cash dividend of $20,000, Mar. 30 Pays the cash dividend. . 10 Dedares a 3-for-1 stock upit of its common shares. A. Prepare the foumal 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. Mar 1 Mar. 30 III II ID Jul 10 hort he info eBook Mar. 30 Pays the cash dividend. lul. 10 Declares a 3 for 1 stock split of its common shares. A. Prepare the journal entries to record the transactions. It 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. Mar. 1 II III III II II Mar. 20 10 B. For the stock splt, how the calculation for how many shares are outstanding after the split and the par value per shume her the salt Outstanding shares after split Par value per share