Common Stock (5$ par value, 80,000 shares issued and outstanding) $ 400,000 Paid-in Capital in excess of par - Common Stock 25,000 Retained Earnings 255,000 Total stockholder's equity $ 680,000 During the year, the following transactions occurred. Feb 1 Declared a $1.50 cash dividends per share to stockholders of record on February 15, payable March 1. (6 Points) Aug Declared 10% stock dividend to stockholders of record on August 15, payable 1 August 31. On August 1, the market price of the stock was $10 per share. (4 Points) Instruction: Journalize the transactions above. Account Debit Credit Date Feb 1 Feb 15 March 1 Aug 1 Aug 31