Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 5,100 shares of no-par common stock for $16 per share. May 15 Issues 500 shares of $10 par value, 8% preferred stock for $13 per share. October 1 Declares a cash dividend of $0.80 per share to all stockholders of record (both common and preferred) on October 15. October 15 Date of record. October 31 Pays the cash dividend declared on October 1. 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.) % Answer is not complete. No Date General Journal Debit Credit 1 February 01 Cash 81,600 O Common Stock 81,600 2 May 15 Cash >> Preferred Stock Additional Paid-in Capital 3 October 01 Additional Paid-in Capital Dividends Payable > 4 October 15 No Journal Entry Required 5 October 31 Dividends Preferred Stock Cash