On January 1, 2010, Johnson Corporation had 60,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Mar. 1 Issued 30,000 shares of common stock for $420,000. June 1 Declared a cash dividend of $2 per share to stockholders of record on June 15 (note: add beginning shares outstanding with the shares issued on Mar 1 to get total stockholders of record) June 30 Paid the $2 cash dividend. Dec. 1 Purchased 10,000 shares of common stock for the treasury for $15 per shar . Dec. 20 Reissued 4,000 shares of treasury stock for $18 each. Dec. 30 Reissued 6,000 shares of treasury stock for $11 each. Dec. 31 Declared a 3% stock dividend on its common stock when the market value of the common stock was $11 per share.