Golf Apparel has two classes of stock authorized: 5%,$10 par preferred, and $1 par value common, The following transinctions affect stockholders' equity during 2024, its first year of operations: January 2. Issue 100 , eea shares of comon stock for $55 per share, February 14 Issue 45 , 000 shares of preferred stock for 511 per share. May 8 Purchase 10 ,eeo shares of its own common stock for $45 per share. May 31 Resell 5,600 shares of treasury stock for $30 per share. Decenber 1 Dectare a coph dividend on its comon stock of so.75 per share and a \$22, 5ea (5t, of par vatue) cash dividerd on its preferred stock payable to ati stockholders of record on pecenber. 15. The dividend is payable on Decenber 3e. Wint: Dividends are not paid on treasury stock.) Decenber 30 Pay the cash dividends declared on becenber 1. Required: 1. Record each of these transactions, (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account fleld.) Journal entry worksheet \begin{tabular}{lllllll} 2 & 3 & 4 & 5 & 6 & 7 \end{tabular}> Record the issuance of 100,000 shares of common stock for $55 per share. Noce: Enter sebits before cedes