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Boy Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of

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Boy Meadows Corporation designs and produces a line of golf equipment and golf apparel. Bay Meadows has 100,000 shares of common stock outstanding as of the beginning of 2024 . Bay Meadows has the following transactions affecting stockholders' equity in 2024. Mareh i Issues 45, 000 additional nhares of 51 par value eonwon atoek for 542 per ahare. Moy 10 Purchanen 4,000 nharen of tronsury ntock for 545 per share. (Jine 1 Deelaren a cash dividend of 81,00 per thare to a11 atoekholders of record on June is. (uintit oividende are not paid on trensury stock. Juty 1 Payn the eneh dividend declared on June 1. october 21 lenelin 2,000 nhares of trensury ntock purchased on May 10 for $50 per ohare. 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.) 1. Record the insuance of 45,000 additional shares of $1 par value common stock for $42 per share

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