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Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Jan. 5. Split the common

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Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Jan. 5. Split the common stock 4 for 1 and reduced the par from $160 to $40 per share. After the split, there were 660,000 common shares outstanding. Mar. 10. Purchased 53,000 shares of the corporation's own common stock at $44, recording the stock at cost. June 15. Paid the cash dividends. Aug. 20. Sold 38,000 shares of treasury stock at $51, receiving cash. Dec. 19. Paid the cash dividends. Dec. 19. Issued the certificates for the common stock dividend

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