On January 1, 2020, Metlock, Inc. had 76,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred: Issued 97,000 shares of common stock for $695,000 Declared a cash dividend of $2.00 per share to stockholders of record on June 15 Paid the $2.00 cash dividend. Mar. 1 June 1 June 30 Purchased 5,000 shares of common stock for the treasury for $19 per share Decared a cash dividend on outstanding shares of $2.50 per share Dec. 1 stockholders of record on December 31 Dec. 15 Net income for 2020 amounted to $984,000 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 order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit Open Show Work Click If you would like to Show Work for this