March $11$: Sold $20$ shares of treasury stock for $$50$ cash per share. This treasury stock was purchased in the transaction

on January $25$ for $$62.$

Dr$.$

Dr$.$

$Cr$

April $2$: Declared a cash dividend of $$8,000.$ Shares outstanding at this time is $1,400$ and the share price was $$55$ per

share. Note that the company has only declared the dividend, but has not yet paid it$.$

Dr$.$

$Cr$

April $5$: Date of record for the cash dividend.

Dr$.$

C

April $25$: Paid out the cash dividend of $$8,000.$ This dividend was declared on April $2$nd$.$

Dr$.[$ Select $]$

C