ABC Corp. has the following transactions related to stockholders' equity in 2018, its first year of operations: January 3 Issue 50,000 shares of $0.1 par value common stock for $22 per share. July 15 Purchase 2,000 shares of its own common stock for $20 per share. September 5 Reissue 1,000 shares of treasury stock purchased on July 15 for $24 per share. November 15 Declare cash dividends on its common stock of $1 per share payable to all stockholders on record on November 30. December 15 Pay the dividends declared on November 15. Prepare the journal entry for the transactions listed above