PR 13-5A Entries for selected corporate transactions OBJ. 3, 4, 5,6 Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: 0 Jan. 5. Split the common stock 4 for 1 and reduced the par from $20 to $5 per share After the split, there were 4,000,000 common shares outstanding. Purchased 100,000 shares of the corporation's own common stock at $30, recording the stock at cost. Mar. 10. Apr. 30. Declared semiannual dividends of S0.25 on 30,000 shares of preferred stock and $0.08 on the common stock to stockholders of record on May 15, payable on June 15. June 15. Paid the cash dividends. Aug. 20. Sold 60,000 shares of treasury stock at s40, receiving cash Oct. 15. Declared semiannual dividends of $0.25 on the preferred stock and so.08 on the common stock (before the stock dividend). In addition, a 1% com- mon stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $35. The dividend date of record is November 15 payable on December 19. Dec. 19. Paid the cash dividends and issued the certificates for the common stock dividend. Instructions Journalize the transactions