Maple Forest Corporation designs and produces a line of golf equipment and golf apparel. Maple Forest has 100,000 shares of common stock outstanding as of the beginning of 2024. Maple Forest has the following transactions affecting stockholders' equity in 2024. May, 10 Purehases 4;500 shares of treasury atock for 550 per uhare, July 1 pot paid on treasury stoek. Detober 21 Rese 1132,250 shares af treasury stock purchastad on May 16 for 555 per ahare. 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.) Journal entry worksheet Record the issuance of 50,000 additional shares of $1 par value common stock for $47 per share. Noth Inter debite befbre credits Mareh 1 Issues 50,000 additional shares of $1 par value conton stock for $47 per share. May 10 Purchases 4,500 shares of treasury stock for $50 per thare. June 1 Declares a cash dividend of $1,25 per share to all stockholders of record on June 15 , (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. Oetober 21 Reselis 2,250 shares of treasury stock purchased on May 10 for $55 per share. 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.)