Journalize the transactions. If no entry is required, select "No Entry" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. February 3: Split the common stock 2-for-1 and reduced the par from $40 to $20 per share. After the split, there were 250,000 common shares outstanding, Feb. 3 April 10: Declared semiannual dividends of $1.50 on 18,000 shares of preferred stock and $0.08 on the common stock to stockholders of record on May 10, payable on June 9. Apr. 10 June 9: Paid the cash dividends. June 9 October 10: Declared semiannual dividends of $1.50 on the preferred stock and $0.04 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 $36. Oct. 10 Oct. 10 December 9: Paid the cash dividends and issued the certificates for the common stock dividend. Dec. 9 Il 10! Dec. 9