Great Adventures Problem AP10-1 The following information s to the questions displayed below Tony and Surehave purchased land for a new camp Now they need money to build the cabins, dining facility, a ropes course, and an outdoor swimming pool Tony and Suzie first checked with Summit Bank to see if they could borrow on additional $1 million, but unfortunately the bank turned them down as too risky. Undeterred, they promoted their idea to close friends they had made through the outdoor clinics and TEAM events. They decided to go ahead and sell shares of Stock in the company to raise the additional funds for the camp Great Adventures has authorized Spa a common stock When the company began on July 2021, Tony and Sure each purchased 10.000 shares (20000 Shares total of $1 par value common stock at $1 per share. The following transactions offect stockholders' equity during the remainder of 2022 November 5 Issue an additional 140,000 shares of common stock for $10 per share. Purchase 14,000 shares of its own common stock (i.e., treasury stock) for $5 per share. November 24 Resell 8.000 shares of treasury stock at $36 per share. Declare a cash dividend on its common stock of $16,200 (56.10 pershare) to all stockholders of record on December 15. December 2o pay the cash dividend declared on December 1. De r Pay $900,000 for construction of new cabins and other facilities. The entire expenditure is recorded in the Buildings account