Exercise 10-6 (Algo) Record common stock, preferred stock, and dividend transactions (LO10-2, 10-3, 105) Italian Stallion has the following transactions during the year related to stockholders' equity. february 1 Issues 4 , 16 shares of no-par common stack for $16 per share. May 15 Is Isues 200 shares of $10 par value, 3\% preferred stock for $13 per share. october 1 Declares a cash dividend of $0.30 per share to all stockholders of record (both comson and preferred) on october 15. october 15 Date of record. october 31 Pays the cash dividend declored on october 1. Required: Record each of these transactions. (If no entry is required for a particular transoction/event, select "No Journol Entry Required" in the first occount field.)