2. may 10, 2021 record the ouchase of 4700 shares of treasury stock for $52 per share

3.june 1, 2021 record the decleration of a cash divided of $1.35 per share to all stockholders of record on june 15. (hint: dividends are not paid on treasury srock)

4. july 1, 2021 record payment of the cash divided declared on june 1

5.october 21 2021 record the resale of 2350 shares of treasury stock pirchased on may 10 for $57 per share

May June Power Drive Corporation designs and produces a line of golf equipment and golf apparel. Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 March 1 Issues 52,000 additional shares of $1 par value common stock for $49 per share. 10 Purchases 4,700 shares of treasury stock for $52 per share. 1 Declares a cash dividend of $1.35 per share to ali stockholders of record on June 15. (fot: Dividends are not paid on treasury stock.) 1 Pays the canh dividend declared on June 1. October 21 01012. 2.350 shares of treasury stock purchased on May 10 for $57 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) July 1 2 3 4 5 Record the issuance of 52,000 additional shares of $1 par value common stock for $49 per share. Note: Enter debits before credits. 14