Selected transactions completed by Primo Discount Corporation during the current fiscal year are as follows: Jan. 9 Split the common stock 3 for 1 and reduced the par from $75 to $25 per share. After the split there were 1,279,500 common shares outstanding Purchased 39,200 shares of the corporation's own common stock at 527, recording the stock at cost 28 Feb May 1 Jul 10 Sep Declared semiannual dividends of $0.90 on 75.000 shares of preferred stock and $0.15 on the common stock to stockholders of record on June 1, payable on July 10 Paid the cash dividends Sold 30,800 shares of treasury stock at $34, receiving cash. Declared semiannual dividends of $0.90 on the preferred stock and 50.15 on the common stock (before the stock dividend). In addition, a 3% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $38 Paid the cash dividends and issued the certificates for the common stock dividend. Oct 1 Dec. 1