Moving to another question will save this response Question 3 Arabian Gulf Corporation reports the following stockholders' equity section on December 31, 2020 -Common stock; $10 par value; 700,000 shares authorized; 300,000 shares issued and outstanding Paid in capital in excess of par value, common stock $3,000,000 ...400,000 900,000 $4,300,000 -Retained earnings.... Total The Corporation completed the following transactions in 2021 Jan 10, Directors declared a $1 per share cash dividend payable on March 15 to the Jan 31 stockholders of record Mar 01, Purchased 30,000 shares of its own common for $15 per share Mar 31, Paid the cash dividend declared on Jan 10 May 01, Sold 10,000 of its treasury shares at $15 cash per share Sep 30, Directors declared a 30% stock dividend when the share market price is $16. Nov 01, Distributed stock dividends declared on Sep 30 Nov 15, The company implemented 5-for-1 stock split for the common stock. Required: Prepare journal entries to record each of these transactions for 2021 hp