PR 13-4A Entries for selected corporate transactions Morrow of Morrow Enterprises Inc, with balances on January 1, 20Y5, are as follows: OBJ. 3,4, 5, 7 Enterprises Inc. manufactures bathroom fixtures. The stockholders' equity accounts equity Common Stock, $20 stated value (500,000 shares authorized, 825,000 . . . .33,600,000 450,000 Treasury Stock (25,000 shares, at a cost of $18 per share) . . . The following selected transactions occurred during the year Jan. 22. Paid cash dividends of $0.08 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $28,000. Apr. 10. Issued 75,000 shares of common stock for $24 per share. June 6. Sold all of the treasury stock for $26 per share. July 5, Declared a 4% stock dividend on common stock, to be capitalized at the mar ket price of the stock, which is $25 per share