Derrick Corporation I$\text{'}$s balance sheet as of December $31,2016,$ follows

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During $2017,$ Derrick Corporation $$ had the following transactions

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Mar. $1.$ Declared a $$0\mathrm{.}70$ per share cash dividend on its common stock to be p

Date

$\backslash$table$[[\backslash$table$[[$Jan$],[$Feb$]],\backslash$table$[[1],[15]],\backslash$table$[[$Issued $50,000$ shares of common stock for $$11$ per share$],[$Issued $70,000$ shares of common stock for $$10$ per share$]]],[$Mar$.,1,\backslash$table$[[$Declared a $$0\mathrm{.}70$ per share cash dividend on its common stock to be paid on$],[$March $30.$ Date of record. March $15.]]],[$Nov$.,\backslash$table$[[30],[1]],\backslash$table$[[$Paid the cash dividend to stockholders.$],[$Declared a $5\%$ common stock dividend on all$]]],[,,\backslash$table$[[$Current market price of the stock was $$13.$ Date of record: Nov. $15.],[$Distributed stock to stockholders.$]]],[$Dec$,1,\backslash$table$[[$Distributed stock to stockholders.$],[$Purchased $10,000$ shares of treasury stock$-$comm$]]],[,20,\backslash$table$[[$Sold $9,000$ shares of treasury stock$-$common at $$17$ per share.$]]]]$

Declared a cash dividend.

Mar. $15$: Date of record for cash dividend declared on March $1.$

$\backslash$table$[[$Date$,$Accounts and Explanation,Debit,Credit$],[$Mar$.15,,,],[,,,],[,,,],[,,,]]$