Italian Stallion has the following transactions during the year related to stockholders equity. February 1 Issues 5,500 shares of no-par common stock for $14 per share. May 15 Issues 600 shares of $10 par value preferred stock for $11 per share. October 1 Declares a cash dividend of $1.00 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.