The following are selected transactions made by PT Perahu Layar during the year current fiscal. 3 Jan. Split the common stock from 2 to 1 and reduce the par value from Rp50,000 to IDR 25,000 20 Feb. Purchased 50,000 shares of common stock owned by the company for Rp. 32,000 and record it at cost. May 1 Announced a semi-annual dividend of Rp800 for 30,000 shares preference and CU140 for common stock which was recorded on May 15 and paid June 1st. June 1 Pay cash dividends. 5 Aug 15 Nov. Sold 42,000 treasury shares for Rp39,000 and received cash. Announced semi-annual dividend of Rp800 for preferred stock saham and Rp150 for blasa shares (before stock dividends). In addition, a 2% common stock dividend is declared for the outstanding common stock. Fair market value of shares the usual estimate is Rp. 40,000. 31 Dec. Paying cash dividends and issuing certificates for common stock dividends. Instruction Prepare journal entries for the above transactions