Italian Stallion has the following transactions during the year related to stockholders' equity. February 1 Issues 6,000 shares of no-par common stock for $16 per share. May 15 Issues 700 shares of $10 par value, 12.5% preferred stock for $13 per share. October 1 Declares a cash dividend of $1.25 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.