On January 1,2021, Paver Corporation had 75,000 common shares, recorded at $560,000, and retained earnings of $1,021,000. During the year, the following transactions occurred: Apr. 2 Issued 4,500 common shares at $20 per share. June 15 Declared a cash dividend of 50.15 per share to common shareholders of record on June 30 , payable on July 10 . Aug. 21 Declared a 5% stock dividend to common shareholders of record on September 5 , distributable on 5 eptember 20 The shares were trading for $23 a share on August 21,$24 on September 5 , and $26 on September 20 . Nov. 1 Issued 3,100 common shares at $24 per share. Dec. 20 Declared a cash dividend of $0.20 per share to common shareholders of record on December 31 , payable on Jariuary Date Account Titles and Explanation