eBook Calculator Selected dividend transactions, stock split Chart of Accounts Instructions Selected transactions completed by Canyon Fery Boating Corporation during the current fiscal year are as Jan. 8. Split the common stock 2 for 1 and reduced the par from $70 to $35 per share. After the spit, there were 131,000 common shares outstanding. Apr. 30 Declared semiannual dividends of $0.80 on 18,500 shares of preterred stock and so 22 on the common stock payable on July 1 Paid the cash dividends Jul. 1 Oct 31 Declared semiannual dividends of $0.80 on the preferred stock and $0.13 on the common stock (before the stockdividend. In addition, a 4% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $50 Paid the cash dividends and issued the certificates for the common stock dividend Dec 31