Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows: Journalize the transactions. If no entry is required, select "No Entry Required and leave the amount boxes blank. For a compound transaction, if an amount box does not 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 Jan. 8 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. Apr. 30 July 1. Paid the cash dividends. July 1 mrmon stock dend. In addition, a 5% 31. Declared semiannual dividends of $0.75 on the preferred stock and $0.14 on the common stock before the stock d Oct dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $52 Cash dividends Previous for Grading Check My Work 2