elected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Jan. 8 Apr. 30 Jul. 1 38 Oct. 31 Dec. 31 Split the common stock 2 for 1 and reduced the par from $70 to $35 per share. After the split, there were 171,000 common shares outstanding. Declared semiannual dividends of $0.65 on 18,000 shares of preferred stock and $0.20 on the common stock payable on July 1. Paid the cash dividends. Declared semiannual dividends of $0.65 on the preferred stock and $0.10 on the common stock (before the stock dividend). In addition, a 3% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $55. Paid the cash dividends and issued the certificates for the common stock dividend.