Selected transactions completed by Big Water Boating Corporation during the current fiscal year are as follows:

Jan. 3.	Split the common stock 3 for 1 and reduced the par from $30 to $10 per share. After the split, there were 390,000 common shares outstanding.
Apr. 7.	Purchased 31,000 shares of the corporation's own common stock at $16, recording the stock at cost.
May 1.	Declared semiannual dividends of $2.00 on 40,000 shares of preferred stock and $0.12 on the common stock to stockholders of record on May 15, payable on June 1.
June 1.	Paid the cash dividends.
July 29.	Sold 22,000 shares of treasury stock at $19, receiving cash.
Nov. 15.	Declared semiannual dividends of $2.00 on the preferred stock and $0.18 on the common stock (before the stock dividend). In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $21.
	Paid the cash dividends and issued the certificates for the common stock dividend. Journalize the transactions. If no entry is required, select "No Entry Required." For a compound transaction, if an amount box does not require an entry, leave it blank.