Jan. 1 Issued 40,000 shares of common stock for $11 per share. Feb. 15 Issued 9,000 shares of common stock for $8 per share. Mar. 1 Declared a $0.10 per share cash dividend on its common stock to be paid on March 30. Date of record: March 15. 30 Paid the cash dividend to stockholders. Nov. 1 Declared a 4% common stock dividend on all common stock outstanding Current market price of the stock was $11. Date of record: Nov. 15. 30 Distributed stock to stockholders. Dec. 1 Purchased 9,000 shares of treasury stock-common at $15 per share. 20 Sold 7,000 shares of treasury stock-common at $21 per share. Print Done Derrick Corporation Balance Sheet (Partial) December 31, 2018 Stockholders' Equity Paid-In Capital: Common Stock-$1 Par Value: 15,000,000 shares authorized, 9,000,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital 9,000,000 400,000 9,400,000 720,000,000 Retained Earnings Total Stockholders' Equity 729,400,000 Print Done Read the requirem Requirement 1. Journalize Derrick's transactions for 2019. (Record debits first, then credits. Select the explanation on the last line of the Accounts and Explanations column and leave the remaining cells blank.)