HiTech Manufacturing Company has 1,000,000 shares of $1 par value capital stock outstanding on January 1. The following equity transactions occurred during the current year: Apr. 30 -Distributed additional shares of capital stock in a 2-for-1 stock split. Market price of stock was $35 per share. June 1 -Declared a cash dividend of $0.60 per share. July 1 -Paid the $0.60 cash dividend per share to stockholders. Aug. 1 -Declared a 5 percent stock dividend. Market price of stock was $19 per share. Sept. 10 - Issued shares resulting from the 5 percent stock dividend declared on August 1. Dividends- Dividends Payable- Dividends Payable- Cash- Retained Earnings- Stock Dividend to be distributed- Common Stock