Selected transactions completed by Primo Discount Corporation during the current focal year are as follows Jan 9 Feb May 1 Jul 10 Split the common stock for 1 and reduced the car from $75 10 $25 per share. Ater the spil, there were 1.200.000 common shares outstanding Purchased 40,000 shares of the corporation's own common stock at $28. cecording the stock at cost Declared tomannut vidends of $0.80 per share on 76.000 shares of ferred stock and $0.12 per share on the common stock to stockholders of record on June payable on July 10. Paid the contevidde Sold 30,000 shares of stock at $34. receiving cash Declared semiannua dividends of $0.80 per share on the preferred stock and $0.12 per share on the common stock (before the stock dividend). In addition, a 2% common och vidend was declared on the common stock outstanding. The tar market value of the common socks ostmated at $ Paid the cash dividends and issued the certificates for the common stock dividend. 7 Sep Oct 1 Dec 1 Journal transactions. Il no entry is required simply skip to the next transaction. Refer to the Court of Accounts for exact wording of account to