4. Court Casuals has 100,000 shares of common stock outstanding as of the beginning of 2012 and has the following transactions affecting stockholders' equity in 2012. 10 May 18 May 31 July 1 Issues 25,000 additional shares of Si par value common stock for $40 per share. Repurchases 5,000 shares of treasury stock for $45 per share. Declares a cash dividend of $1 per share to all stockholders of record on July 15. Hint: Dividends are not paid on treasury stock. Pays the cash dividend declared on July 1. Reissues 2,500 shares of treasury stock purchased on May 31 for $46 per share. July 31 August 10