On January 1, 2020, Sunland Company had 73,000 shares of $1 par value common stock issued and outstanding. During the year, the following transactions occurred:

Mar. 1		Issued 90,000 shares of common stock for $685,000.
June 1		Declared a cash dividend of $2.00 per share to stockholders of record on June 15.
June 30		Paid the $2.00 cash dividend.
Dec. 1		Purchased 7,000 shares of common stock for the treasury for $20 per share.
Dec. 15		Declared a cash dividend on outstanding shares of $2.50 per share to stockholders of record on December 31.

Net income for 2020 amounted to $990,000. 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
choose a transaction date Mar. 1June 1June 30Dec. 1Dec. 15	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Mar. 1June 1June 30Dec. 1Dec. 15	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Mar. 1June 1June 30Dec. 1Dec. 15	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Mar. 1June 1June 30Dec. 1Dec. 15	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount
choose a transaction date Mar. 1June 1June 30Dec. 1Dec. 15	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount