On January 1, 2011, Gerlach Inc. had the following account balances in its shareholders' equity accounts. Common stock. SI par, 250,000 shares issued 250.000 Paid-in capital excess of par, common 500.000 100.000 Paid-in capital excess of par, preferred Preferred stock, $100 par. 10.000 shares outstanding 1.000.000 Retained earnings 2,000,000 25.000 Treasury stock, at cost, 5.000 shares During 2011, Gerlach Inc. had several transactions relating to common stock. January 15 Declared a property dividend of 100,000 shares of Slowdown Company (book value, SI0 per share, market value S9 per share) February 17 Distributed the property dividend April 10 A 2-for-1 stock split was declared on outstanding common stock and affected in the form of a stock dividend The market value of the stock was S4 on this date July 18 Declared and distributed a 3% stock dividend on outstanding common stock. market value per share, S5 December 1 Declared a fifty cents per share cash dividend on the outstanding common shares December 20 Paid the cash dividend Required: Record the above transactions and events in journal entry format. PLEASE SHOW WORK