2. Carl Corporation designs and produces a line of golf equipment and golf apparel. Carl has 150,000 shares of common stock outstanding as of the beginning of the year. Carl has the following transactions affecting stockholders equity during the year. March 1 Issues 60,000 additional shares of $1 par value common stock for $50 per share. May 10 Repurchases 10,000 shares of treasury stock for $58 per share. June 1 Declares a cash dividend of $1.00 per share to all stockholders of record on June 15. July 1 Pays the cash dividend declared on June 1. October 21 Reissues 5,000 shares of treasury stock purchased on May 10 for $62 per share. Required: Record each of these transactions (10 points).