4 2. A company designs and produces a line of golf equipment and golf apparel. The company has 100.000 shares of common stock outstanding as of the beginning of Year 1. The company has the following transactions affecting stockholders' equity in Year 1 March 1 Issues 46,000 additional shares of $1 par value common stock for $43 per share. Play 18 Purchases 4,100 shares of treasury stock for $46 per share. June 1 Declares a cash dividend of $1.05 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. Book October 21 Resells 2,050 shares of treasury stock purchased on May 10 for $51 per share. Hirt Required: Prine 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.) rences View transaction list Journal entry worksheet Check my work