March Power Drive Corporation designs and produces a line of golf equipment and golf apparel, Power Drive has 100,000 shares of common stock outstanding as of the beginning of 2021. Power Drive has the following transactions affecting stockholders' equity in 2021 1 Issues 51,000 additional shares of 31 par value common stock for $41 per share. Hay 10 Purchases 4,600 shares of treasury stock for $51 per share. June 1 Declares cash dividend of $1.30 per share to ai stockholders of record on June 15. (Hint: Dividends are not paid on treasury stock.) July 1 Pays the cash dividend declared on June 1. October 21 Rolle 2,100 shares of treasury stock purchased on May 10 for $56 pet 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.) View transaction let View journal entry worksheet Credit General Journal No 1 Debit 2,448,000 Date March 01, 2021 Accounts Receivable Advertising Expense Accounts Receivable 55.000 2.397.000 234,600 2 May 10, 2021 Additional Paid-in Capital Accounts Receivable 234,600 1 3 June 01.2021 1 Additional Paid-in Capital Additional Paid-in Capital Additional Paid-in Capital 1 1 1 4 July 01, 2021 Additional Paid-in Capital Additional Paid-in Capital 1 5 October 21, 2021 Additional Paid-in Capital Additional Paid-in Capital