On January $1,2025,$ Oriola Corporation had $95,900$ shares of $$1$ par value common stock issued and outstanding. During the year, the

following transactions occurred:

Mar. $1$ lssuad $100,900$ shares of comman stock for $$756,000.$

June $1$ Declared a cash dividand of $$2$ per share to stockholders of record on June $15.$

June $30$ Paid the $$2$ cash dividend.

Dec. $1$ Purchased $5,600$ shares of common stock for the treasury for $$16$ per share.

Dec. $15$ Declared a cash dividend on outstanding shares of $$2\mathrm{.}50$ per share to stockholders of record on Dacember $31.$

Net income for $2025$ totaled $$1,032,000.$

Prepare journal entries to record the above transactions. $($Credit account titles are automatically indented when the amount is entered. Do

not indent manually. Record journal entries in the ander presented in the problem. If no entry is required, select $"$No Entry" for the account titles

and enter $0$ for the amounts. List all debit entries before credit entries.$]$

Date

Account Titles and Explanation

Debit

Credit