Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows:

Jan. 8.Split the common stock 2 for 1 and reduced the par from $80 to $40 per share. After the split, there were 150,000 common shares outstanding.Apr. 30.Declared semiannual dividends of $0.75 on 18,000 shares of preferred stock and $0.28 on the common stock payable on July 1.July 1.Paid the cash dividends.Oct. 31.Declared semiannual dividends of $0.75 on the preferred stock and $0.14 on the common stock (before the stock dividend). In addition, a 5% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $52.Dec. 31.Paid the cash dividends and issued the certificates for the common stock dividend.

Journalize the transactions.