Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Journalize the transactions. If no entry is required, type "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 2 for 1 and reduced the par from $32 to $16 per share. After the split, there were 108,000 common shares outstanding. Jan. 8 Feedback Check My Work Apr. 30. Declared semiannual dividends of $1.50 on 8,000 shares of preferred stock and $0.08 on the common stock payable on July 1 . Apr. 30 Cash Dividends Payable Feedback Check My Work July 1. Paid the cash dividends. July 1 Cash Dividends Payable Feedback -Check My Work Oct. 31. Declared semiannual dividends of $1.50 on the preferred stock and $0.07 on the common stock (before the stock dividend). In addition, a 1% comr is estimated at $29. Ci St Feedback -Check My Work Dec. 31. Paid the cash dividends and issued the certificates for the common stock dividend