Journalize the following selected transactions completed during the current fiscal year:

Jan. 3	The board of directors declared a stock split which reduced the par of common shares from $100 to $20. This action increased the number of outstanding shares to 400,000.
22	Declared a dividend of $1.75 per share on the outstanding shares of common stock.
Feb. 8	Paid the dividend declared on January 22.
Sep. 1	Declared a 5% stock dividend on the common stock outstanding (the fair market value of the stock to be issued is $30).
Oct. 1	Issued the certificates for the common stock dividend declared on September 1.