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 $2024.$ The company has the following transactions affecting stockholders' equity in $2024.$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.$)$Journal entry worksheet$12345$Record the issuance of $59,000$ additional shares of $$1$ par value common stock for $$56$ per share.