JOURNALIZE #1-5 Thanks

1. On March 3, 2021, reissued the treasury stock currently held in the treasury at cost.
2. On April 2, 2021, declared a $0.40 per share cash dividend, payable May 5, 2021 to stockholders of record on April 20, 2021.
3. Purchased 18,000 shares of stock for treasury for $8 per share.
4. Issued 120,000 shares of stock for $13 per share.
5. On Dec. 20, 2021, declared a $0.35 per share cash dividend, payable February 5, 2022 to stockholders of record on January 18, 2022.

The following is a list of accounts (balances as of Dec. 31, 2017) that will be needed to accurately complete this project. You will have to journalize all appropriate transactions associated with the transactions below associated with 2018 (if decimals exist, please round to the nearest whole number). In addition, you will need to prepare an income statement, a retained earnings statement, and a detailed, comprehensive balance sheet for December 31, 2018 Cash Accounts Payable Long-term Notes Payable Intangible Assets FUTA Taxes Payable Treasury Stock FICA Taxes Payable Unearned Revenue Interest Payable Retained Earnings SUTA Taxes Payable Accounts Receivable Inventory Dividends Payable Federal Inc. Tax Withholding Payable LIFO Reserve Allowance for Doubtful Accounts Machinery Bonds Payable Estimated Warranty Payable Common Stock, $5 par value Equipment Additional Paid-in Capital Accumulated Depreciation - Equipment Accumulated Depreciation - Machinery Discount on Bonds Payable $2,838,241 103,000 $120,000 $1,227,845 $40 $135,000 $7,700 $16,000 $80,000 $594,670 $60 $1,434,485 $780,000 $210,000 $35,000 $139,700 $43,035 $300.000 $1,000,000 $18,500 $2,700,000 $65,000 $1,590,000 $56,884 $141,797 $75,815 (1) Purchased inventory of $1,060,000 by paying $260,000 on account and the remainder in cash. (2) Paid the dividends that were owed. (3) Paid the estimated warranties owed