Oct. 15. Declared semiannual dividends of $1.7 on the preferred stock and $0.2 on the common stock (before the stock dividend). Oct. 15. A 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $34. Dec. 19. Paid the cash dividends. Entries for Selected Corporate Transactions Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Instructions: Journalize the transactions. If no entry is required, select "No Entry Required" from the dropdown box and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank. Jan. 5. Split the common stock 5 for 1 and reduced the par from $100 to $20 per share. After the split, there were 775,000 common shares outstanding. Mar. 10. Purchased 62,000 shares of the corporation's own common stock at $25, recording the stock at cost. Dec. 19. Paid the cash dividends. Dec. 19. Issued the certificates for the common stock dividend. Apr. 30. Declared semiannual dividends of $1.7 on 50,000 shares of preferred stock and $0.14 on the common stock to stockholders of record on May 15, payable on June 15. June 15. Paid the cash dividends. Aug. 20. Sold 45,000 shares of treasury stock at $32, receiving cash