AAA Corporation reported the following as of December 31, 2021. All accounts have normal balances. Common...

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AAA Corporation reported the following as of December 31, 2021. All accounts have normal balances. Common stock $10 par, 500,000 authorizes and 280,000 outstanding 2,800,000 Paid-in capital-common stock 2,520,000 Retained Earnings 3,000,000 During 2022 the following transactions occur: June 1 June 15 July 1 October 15 November 1 December 1 December 15 December 31 Declared 50% stock dividends, when the fair value of the stock was $25 per share. Record date for the stock dividends Issue common stock dividends Declared a $0.20 per share cash dividend. Record date for the cash dividends Payment of cash dividends Declared a property dividend of 200,000 shares of Kyrie Company (book value $20 per share, fair value $15 per share). Distributed the property dividend. Instructions: Prepared the above transactions. AAA Corporation reported the following as of December 31, 2021. All accounts have normal balances. Common stock $10 par, 500,000 authorizes and 280,000 outstanding 2,800,000 Paid-in capital-common stock 2,520,000 Retained Earnings 3,000,000 During 2022 the following transactions occur: June 1 June 15 July 1 October 15 November 1 December 1 December 15 December 31 Declared 50% stock dividends, when the fair value of the stock was $25 per share. Record date for the stock dividends Issue common stock dividends Declared a $0.20 per share cash dividend. Record date for the cash dividends Payment of cash dividends Declared a property dividend of 200,000 shares of Kyrie Company (book value $20 per share, fair value $15 per share). Distributed the property dividend. Instructions: Prepared the above transactions.