Selected transactions completed by ATV Discount Corporation during the current fiscal year are as follows: Journalize the transactions. If no entry is required, select "No Entry Required" from the dropdown box and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 5. Split the common stock 4 for 1 and reduced the par from $120 to $30 per share. After the split, there were 440,000 common shares outstanding. Mar. 10. Purchased 35,000 shares of the corporation's own common stock at $33, recording the stock at cost. Apr. 30. Declared semiannual dividends of $2.80 on 45,000 shares of preferred stock and $0.33 on the common stock to stockholders of record on May 15 , payable on June 15 . June 15. Paid the cash dividends. Aug. 20. Sold 25,000 shares of treasury stock at $40, receiving cash. Aug. 20. Sold 25,000 shares of treasury stock at $40, receiving cash. Oct. 15. Declared semiannual dividends of $2.80 on the preferred stock and $0.39 on the common stock (before the stock dividend). Oct. 15. A 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $42. Dec. 19. Paid the cash dividends. Dec. 19. Issued the certificates for the common stock dividend