On January 1, Steff Corporation had 80,000 shares of no-par common stock issued. 5,000 shares are held

Question:

On January 1, Steff had 80,000 shares of no-par issued. 5,000 shares are held as treasury stock. The stock has a stated value of $5 per share. During the year, the following transactions occurred.
April 19 Issued 12,000 additional shares of for 518 per share.
June 15 Declared a cash of S1 per share to stockholders of record on June 30.
July 2 Paid the S1 cash
Dec 3 Purchased 7,000 additional shares of for 517 per share.
Dec 15 Declared a cash on outstanding shares of 51.20 per share to stockholder Instructions, show computations (a) Prepare the entries, if any, on each of the three dates.
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