The articles of incorporation of Curtis Airlines Co. authorized 5 million common shares. The company originally issued 3,550,000 common shares. However, over the years the company had repurchased and cancelled 820,000 common shares. The board declared a $0.40 cash dividend on January 1 and July 1. The date of record for the dividends is the 15th of the month, and the shares trade ex- dividend on the 13th. The dividends are paid on the last day of the month in which they were declared. The board of directors also declared a 5% stock dividend on October 31, and the market price on the date of declaration was $14.20 per share. The stock dividend was distributed on the date of declaration. Prepare all of the journal entries required to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Jan 1 Dividends Declared - Common Shares 1092000 1092000 Jan 13 0 0 Dividends Payable No Entry No Entry No Entry No Entry Dividends Payable Jan 15 0 0 Jan 31 1092000 Cash 1092000 Jul 1 1092000 Dividends Declared - Common Shares Dividends Payable No Entry 1092000 Jul 13 0 0 Jul 15 0 0 No Entry No Entry No Entry Dividends Payable Cash Stock Dividends Declared Jul 31 1092000 1092000 Oct 31 Common Shares