Donnie Hilfiger has two classes of stock authorized: $1 par preferred and $0.01 par value common. As of the beginning of 2021, 480 shares of preferred stock and 5,800 shares of common stock have been issued. The following transactions affect stockholders' equity during 2021: March May July 1 Issue 2,900 shares of common stock for $60 per share. 15 Purchase 580 shares of treasury stock for $53 per share. 10 Resell 380 shares of treasury stock purchased on May 15 for $50 per share. October 15 Issue 380 shares of preferred stock for $63 per share. December 1 Declare a cash dividend on both common and preferred stock of $2.30 per share to all stockholders of record on December 15. (Hint: Dividends are not paid on treasury stock.) December 31 Pay the cash dividends declared on December 1. Donnie Hilfiger has the following beginning balances in its stockholders' equity accounts on January 1, 2021: Preferred Stock, $480; Common Stock, $58; Additional Paid-in Capital, $85,000; and Retained Earnings, $34,100. Net income for the year ended December 31, 2021, is $14,400. Required: 1. Record each of these transactions. (If no entry is required for a particular transaktion/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Record the issuance of 2,900 shares of common stock for $60 per share. Note: Enter debits before credits.. Date March 01, 2021 General Journal Debit Credit + Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 4 5 6 7 Record the purchase of 580 shares of treasury stock for $53 per share. Note: Enter debits before credits. Date May 15, 2021 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 4 5 Record the entry on December 15. Note: Enter debits before credits. Date December 15, 2021 6 7 General Journal Debit Credit Record entry Clear entry View general journal View transaction list Journal entry worksheet