On January $1,$ Indigo Corporation had $63,000$ shares of no$-$par common stock issued and outstanding. The stock has a stated value of

$$4$ per share. During the year, the following transactions occurred.

Apr. $1$ Issued $18,450$ additional shares $of$ common stock for $$13$ per share.

June $15$ Declared a cash dividend $of$ $$1\mathrm{.}50$ per share $to$ stockholders $of$ record $on$ June $30.$

July $10$ Paid the $$1\mathrm{.}50$ cash dividend.

Dec. $1$ Issued $8,200$ additional shares $of$ common stock for $$13$ per share.

Dec. $15$ Declared a cash dividend $on$ outstanding shares $of$ $$1\mathrm{.}90$ per share $to$ stockholders $of$ record $on$ December $31.$

$($a$)$

Prepare the entries on each of the three dates that involved dividends. $($Record journal entries in the order presented in the problem. Credit

account titles are automatically indented when amount is entered. Do not indent manually. 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