Jan. Split the common stock for and reduced the par from $ to $ per share. After the split, there
were common shares outstanding.
Feb. Purchased shares of the corporation's own common stock at $ recording the stock at cost
May Declared semiannual dividends of $ on shares of preferred stock and $ on the common
stock to stockholders of record on June payable on July
Jul. Paid the cash dividends.
Sep. Sold shares of treasury stock at $ receiving cash.
Oct. Declared semiannual dividends of $ on the preferred stock and $ on the common stock before
the stock dividend In addition, a common stock dividend was declared on the common stock
outstanding. The fair market value of the common stock is estimated at $
