March 1 May 10 June 1 July 1 Issues 60,000 additional shares of $1 par value common stock for $57 per share. Purchases 5,500 shares of treasury stock for $60 per share. Declares a cash dividend of $1.75 per share to all stockholders of Irecord on June 15. (Hint: Dividends are not paid on treasury stock.) Pays the cash dividend declared on June 1. October 21 Resells 2,750 shares of treasury stock purchased on May 10 for $65 per share. Required: Determine the financial statement effects of each of these transactions. Complete this question by entering your answers in the tabs below. March 1 May 10 June 1 July 1 October 21 Issues 60,000 additional shares of $1 par value common stock for $57 per share. Determine the financial statement effects of March 1. Note: Amounts to be deducted should be indicated with a minus sign. If there are no effects for a particular transaction/event, select "There are no financial statement effects" in the first account field Assets Revenues Liabilities Income Statement Balance Sheet Contributed Capital Expenses Net Income Stockholders' Equity Retained Earnings Treasury Stock