Current Attempt in Progress On January 1, 2020, Blossom Company had 90.000 shares of $1 par value common stock issued and outstanding During the year the following transactions occurred M1 und 4.000 shares of common stock for $607000 June 1 Declared a cash dividend of $2.00 per share to stockholders of record on Ave 15 June 30 Dec 1 Dec. 15 Paid the $2.00 cash divided Purchased 4,000 shares of common stock for the treasury for $19 per share Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31 Net income for 2020 amounted to $952,000 Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually Record journal entries in the onder presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) Account Titles and Explanation Debit Credit Date Cath Account Titles and Explanation Date Mar 1 Cash June 1: Common Stock Paid-in Capital in Excess of Par Value-Common Stock Retained Earnings Dividends Payable June 30 Dividends Payable Cash Debit Credit