Bennett Company designs and produces accounting machines. Bennett has 100,000 shares of common stock outstanding as of the beginning of 2022. Bennett has the following transactions affecting stockholders' equity in 2022. March 1 Issues 55,000 additional shares of $1 par value common stock for $52 per share. May 10 Purchases 5,000 shares of treasury stock for $55 per share. June 1 Declares a cash dividend of $1.50 per share to all stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock. Also, the company has shares outstanding at the beginning of the year.) July 1 Pays the cash dividend declared on June 1. October 21 Resells 2,500 shares of treasury stock purchased on May 10 for $60 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.) View transaction list Journal entry worksheet Record the issuance of 55,000 additional shares of $1 par value common stock for $52 per share. Note: Enter debits before credits. Date General Journal Debit Credit March 01, 2022 Record entry Clear entry View general journal Journal entry worksheet