Olympic Corporation completed the following transactions in 2009. Prepare journal entries for each transaction. Jan. 10 Sold 6,000 shares of 9%, noncumulative $50 preferred stock for $85 per share. Feb. 19 Sold 3,000 shares of $10 par common stock for $15 per share. Oct. 12 Board of directors declare a 15% stock dividend on the common stock when the market value of the stock is $22 per share. The corporation has 120,000 shares of common stock outstanding