Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: nstructions: ournalize the transactions. If no entry is required, select "No Entry Required" from the dropdown box and leave the amount boxes blank. For a ompound transaction, if an amount box does not require an entry, leave it blank. an. 5. Split the common stock 5 for 1 and reduced the par from $200 to $40 per share. After the split, there were 650,000 common shares. utstanding. 4ar. 10. Purchased 52,000 shares of the corporation's own common stock at $45, recording the stock at cost. Apr. 30. Declared semiannual dividends of $3.3 on 50,000 shares of preferred stock and $0.32 on the common stock to stockholders of record on May 15. payable on June 15. June 15. Paid the cashi dlvidends. Aug. 20. Sold 37,000 shares of treanury stock at 553 , recelving cash. Oct. 15. Declared semiannual dividends of $3.3 on the preferred stock and $0.38 on the common stock (before the stock dividend). Oct. 15. A 276 common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at 555. Dec. 19. Paid the cash dividends: Dec. 19. Paid the cash dividends. Dec. 19. Issued the certificates for the common stock dividend