Clothing Frontiers began operations on January 1 and engages in the following transactions during the year related to stockholders' equity. January 1 Issues 600 shares of common stock for $32 per share. April 1 Issues 100 additional shares of common stock for $36 per share. Exercise 10-3 (Algo) Part 1 Required: 1. Record the transactions, assuming Clothing Frontiers has no-par common stock. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) \( \dddot{\mathbf{X}} \) 1 Record the issuance of 600 shares of common stock for $32 per share. 5 per 2 Record the issuance of 100 additional shares of common stock for $36 per share