On January 1, 2019, Jonathan Corporation had 75,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred:

Mar 1: Issued 30,000 shares, not previously issued of common stock for $575,000

June 1: Declared a cash dividend of $1.00 per share to stockholders of record on June 15

June 30: Paid the $1.00 cash dividend

July 1: Declared and issued a 10% stock dividend

Dec 1: Purchased 5,000 shares of common stock for the treasury for $15 per share

Dec 10: Sold 100 treasury stock of $16 per share

Dec 15: Declared a cash dividend on outstanding shares of $1.00 per share to stockholders of record on December 31

Instructions: Prepare journal entries to record the above transactions