Exercise 10-9B Record common stock, treasury stock, and cash dividends (L010-2, 10-4, 10-5) June A company designs and produces a line of golf equipment and golf apparel. The company has 100,000 shares of common stock outstanding as of the beginning of Year 1. The company has the following transactions affecting stockholders' equity in Year 1. March 1 Luwuen 52,000 additional shares of $1 par value common stock for $49 per share. May 10 Purchase 4,700 shares of treasury stock for $52 per share. 1 Declares a cash dividend of 11.35 per share to ali stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Paye the cash dividend declared on June 1. October 21 Reselle 2,350 shares of treasury stock purchased on May 10 for 657 per share. Required: Record each of these transactions. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list