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 1,201,500 common shares outstanding.
Feb.	28	Purchased 40,200 shares of the corporations own common stock at $27, recording the stock at cost.
May	1	Declared semiannual dividends of $0.70 on 70,500 shares of preferred stock and $0.14 on the common stock to stockholders of record on June 1, payable on July 10.
Jul.	10	Paid the cash dividends.
Sep.	7	Sold 31,600 shares of treasury stock at $33, receiving cash.
Oct.	1	Declared semiannual dividends of $0.70 on the preferred stock and $0.14 on the common stock (before the stock dividend). In addition, a 2% common stock dividend was declared on the common stock outstanding. The fair market value of the common stock is estimated at $38.
Dec.	1	Paid the cash dividends and issued the certificates for the common stock dividend.