Prin Selected Dividend Transactions, Stock Split Selected transactions completed by Canyon Ferry Boating Corporation during the current fiscal year are as follows. Journalize the transactions. If no entry is required, select "No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. Jan. 8. Split the common stock 2 for 1 and reduced the par from $40 to $20 per share. After the split, there were 114,000 common shares outstanding Jan. 8 No Entry Required No Entry Required Apr. 30. Declared semiannual dividends of $1.30 per share on 8,000 shares of preferred stock and $0.08 per share on the common stock payable on July 1. Apr. 30 Cash Dividends Cash Dividends Payable July 1. Paid the cash dividends July 1 Cash Dividends Payable Cash Oct. 31. Declared semiannual dividends of $1.30 per share on the preferred stock and s0.05 per share on the common stock (before the stack end) 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. 31 Cash Dividends Cash Dividend Payable Det 31 Stach Dividends Previous