1. On January 1, 2020, ABC Company had the following items:

Common Stock ($15 par value, 200,000 shares issued and outstanding $3,000,000

Paid-in Capital in Excess of Par Common Stock 1,500,000

Retained Earnings 3,200,000

During the period the following transactions occurred.

April 1 Declared a $2 cash dividend per share to stockholders of record on April 15, payable May 1.

May 1 Paid the dividend declared in April.

June 1 Announced a 5-for-1 stock split. Prior to the split, the market price per share was $24.

Aug 1 Declared a 15% stock dividend to stockholders of record on August 15, distributable August 31.

On August 1, the market price of the stock was $10 per share.

Aug 31 Issued the shares for the stock dividend.

Journalize the five transactions for the cash dividends, stock dividends, and stock split.

Please show your work