Aggregate Mining Corporation was incorporated five years ago. It is authorized to issue 500,000 shares of $100 par value 6% preferred stock. It is also authorized to issue 900,000 shares of $1 par value common stock. It has issued only 40,000 of the common shares and none of the preferred shares. In its sixth year, the corporation has the following transactions: Mar. 1 Declares a cash dividend of $2 per share. Pays the cash dividend. Mar. 30 Jul. 10 Declares a 6% stock dividend when the stock is trading at $15 per share. Issues the stock dividend. Aug. 5 Prepare the journal entries to record the transactions. If an amount box does not require an entry, leave it blank. Mar. 1 Mar. 30 II II III II II II III II Jul. 10 Aug. 5