Houghton Company began business on January 1, 2015 by issuing all of its 1,700,000 authorized shares of its $2 par value common stock for $33 per share. On June 30, Houghton declared a cash dividend of $2.00 per share to stockholders of record on July 31. Houghton paid the cash dividend on August 30. On November 1, Houghton reacquired 340,000 of its own shares of stock for $38 per share. On December 22, Houghton resold 170,000 of these shares for $44 per share. Required: a. Prepare all of the necessary journal entries to record the events described above. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 Record the issue of 1,700,000 authorized shares of $2 par value for $33 per share